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Land Securities Group plc REIT ( (GB:LAND) ) just unveiled an announcement.
Landsec hosted a capital markets event in Liverpool, highlighting its strong operational performance and strategic focus on sustainable income and EPS growth. The company reported significant growth in its major retail and central London portfolios, with rental uplifts and sales growth surpassing national averages. Landsec is targeting a 4.5-7% CAGR in net rental income from its retail portfolio by FY30, supported by investments in high-yielding projects. The company has also made progress in capital recycling, selling £644m of low-returning assets to reinvest in major retail, while reducing its development pipeline to prioritize income-generating assets.
The most recent analyst rating on (GB:LAND) stock is a Hold with a £6.20 price target. To see the full list of analyst forecasts on Land Securities Group plc REIT stock, see the GB:LAND Stock Forecast page.
Spark’s Take on GB:LAND Stock
According to Spark, TipRanks’ AI Analyst, GB:LAND is a Neutral.
Land Securities Group plc’s overall score is driven by strong financial performance and a positive earnings call, highlighting growth and strategic investments. However, technical indicators suggest bearish momentum, and rising debt levels pose risks. The attractive valuation with a high dividend yield supports the stock’s appeal.
To see Spark’s full report on GB:LAND stock, click here.
More about Land Securities Group plc REIT
Land Securities Group PLC, known as Landsec, is one of the largest real estate companies in Europe, with a £10 billion portfolio focused on premium workplaces, a leading retail platform, and a residential pipeline. The company specializes in creating urban spaces that enhance quality of life and support business growth.
Average Trading Volume: 2,230,110
Technical Sentiment Signal: Sell
Current Market Cap: £4.17B
For detailed information about LAND stock, go to TipRanks’ Stock Analysis page.