Rising prices across the real estate sector have boosted the value of many real-estate investment trusts (REITs). Because of this, earnings per share for many REITs have been inflated by valuation gains, which are non-recurring.
Land Securities (LSE: LAND) is up almost 2.5% so far today, following publication of its preliminary annual results for the year to 31 March 2015 in which it announced a pre-tax profit of �2,416.5m - an increase of 118% over the previous year's �1,108 ...
Land Securities Group plc logo Analysts at Canaccord Genuity hoisted their target price on shares of Land Securities Group plc (LON:LAND) from GBX 1,407 ($22.13) to GBX 1,563 ($24.59) in a research report issued to clients and investors on Wednesday.
Land Securities Group plc logo Land Securities Group plc (LON:LAND)'s stock had its “neutral” rating reissued by analysts at Goldman Sachs in a research report issued to clients and investors on Thursday.