Land Securities Group plc 21.5% potential upside indicated by Berenberg Bank

Land Securities Group plc with ticker (LON:LAND) now has a potential upside of 21.5% 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 664 GBX at opening today (07/02/2024) indicates a potential upside of 21.5%. Trading has ranged between 551 (52 week low) and 729 (52 week high) with an average of 1,311,606 shares exchanging hands daily. The market capitalisation at the time of writing is £4,925,168,470.

Land Securities Group PLC is a United Kingdom-based real estate company, which is engaged in building and investing in buildings, spaces, and partnerships to create sustainable places, and connect communities. The Company operates through four segments: Central London, Major retail, Mixed-use urban and Subscale sectors. The Central London segment includes all assets geographically located within central London. Major retail destinations include 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 has approximately 23.8 million square feet of retail, leisure, workspace, and residential hubs. Its properties include Goodmayes Retail Park, Chadwell Heath; White Rose Centre, Leeds; Hill House, London, Parrswood Leisure Park, Manchester; Novotel Sheffield Centre, Sheffield; Fountain Park, Edinburgh, and others.