Land Securities Group plc 17.7% potential upside indicated by Berenberg Bank

Land Securities Group plc with ticker (LON:LAND) now has a potential upside of 17.7% according to Berenberg Bank.



Berenberg Bank set a target price of 807 GBX for the company, which when compared to the Land Securities Group plc share price of 686 GBX at opening today (12/01/2024) indicates a potential upside of 17.7%. Trading has ranged between 551 (52 week low) and 743 (52 week high) with an average of 2,087,964 shares exchanging hands daily. The market capitalisation at the time of writing is £5,115,702,509.

Land Securities Group PLC is a United Kingdom-based real estate company. The Company has approximately 24.0 million square feet of retail, leisure, workspace, and residential hubs. It operates through four segments: Central London, Major retail destinations (Major retail), Mixed-use urban neighbourhoods (Mixed-use urban) and Subscale sectors. The Central London segment includes all assets geographically located within central London. The Major retail segment includes all regional shopping centers and shops outside London and its outlets. The Mixed-use urban segment is engaged in capital investment. The Subscale sectors segment consists of leisure and hotel assets and retail parks. The Company’s properties include White Rose Centre, Leeds; Novotel Glasgow Centre, Glasgow; Xscape Yorkshire, Castleford; Parrswood Leisure Park, Manchester; Novotel Sheffield Centre, Sheffield; Ravenside Retail Park, Chesterfield; Queens Link Leisure Park, Aberdeen, and Fountain Park, Edinburgh.