Land Securities Group plc -19.8% potential downside indicated by Jefferies

Land Securities Group plc with ticker (LON:LAND) now has a potential downside of -19.8% according to Jefferies.



Jefferies set a target price of 465 GBX for the company, which when compared to the Land Securities Group plc share price of 580 GBX at opening today (29/09/2023) indicates a potential downside of -19.8%. Trading has ranged between 479 (52 week low) and 743 (52 week high) with an average of 1,743,178 shares exchanging hands daily. The market capitalisation at the time of writing is £4,379,628,036.

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.