Broker tips: Marks & Spencer, Intertek, Landsec

29th Sep 2023 12:21

(Sharecast News) - Bank of America Merrill Lynch upgraded Marks & Spencer on Friday to 'buy' from 'neutral' as it argued the stock is still too cheap and consensus earnings too low.

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Downside priced in at Landsec, Shore Capital upgrades to 'hold'

29th Sep 2023 08:18

(Sharecast News) - Shore Capital has raised its recommendation for property group Landsec from 'sell' to 'hold', saying that the risk-reward has is now more balanced.

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London close: Stocks finish choppy session in the red

27th Sep 2023 14:13

(Sharecast News) - London's stock markets presented a downbeat picture at the close of Wednesday's trading session.

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Jefferies cuts Reit ratings as office vacancies mount

27th Sep 2023 11:51

(Sharecast News) - Jefferies has downgraded a number of real estate investment trusts, including British Land, on the back of waning demand for office space.

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LandSec says demand holding up despite rising rates

27th Sep 2023 07:17

(Sharecast News) - Property developer Land Securities reported a rise in lettings over the first five months of the financial year as demand for office space held up, despite rising interest rates.

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Morgan Stanley upgrades Hammerson, downgrades Landsec

4th Sep 2023 11:44

(Sharecast News) - Morgan Stanley lifted its rating on Hammerson on Monday but downgraded Landsec as it took a look at property stocks.

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Director dealings: Imperial Brands non-exec invests $0.5m, Landsec CEO covers tax bill

27th Jun 2023 13:10

(Sharecast News) - Imperial Brands was on the list of director buys on Tuesday, after a non-executive director spent more than half a million dollars on shares.

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Broker tips: Hammerson, Lloyds, British Land, Landsec

9th Jun 2023 14:02

(Sharecast News) - Barclays upgraded Hammerson on Friday to 'overweight' from 'underweight' and lifted the price target to 30p from 25p.

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RBC Capital cuts British Land price target, ups PT on Landsec

9th Jun 2023 11:09

(Sharecast News) - RBC Capital Markets cut its price target on British Land on Friday but upped it on Landsec.

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Sunday share tips: British Land, Land Securities

21st May 2023 16:06

(Sharecast News) - The Financial Mail on Sunday's Midas column judged shares of British Land and Land Securities were worth holding onto.

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Higher interest rates see Landsec swing into the red

16th May 2023 09:49

(Sharecast News) - Land Securities said on Tuesday that it swung to an annual loss after higher interest rates and the weaker economic backdrop hit the value of its properties.

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Land Securities builds on 'strong operational and strategic momentum'

28th Mar 2023 09:19

(Sharecast News) - Commercial property developer Land Securities said on Tuesday that it has continued to build on "strong operational and strategic momentum" since its interim results.

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Landsec sells London building to HK property developer for £349.5m

27th Jan 2023 12:06

(Sharecast News) - Landsec said on Friday that it has sold One New Street Square, EC4, to Hong Kong-based property developer Chinachem Group for £349.5m.

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Landsec names Ian Cheshire chair

20th Jan 2023 08:56

(Sharecast News) - City veteran Ian Cheshire has been named chair designate of Land Securities Group.

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Land Securities swings to first-half loss

15th Nov 2022 07:31

(Sharecast News) - Land Securities said on Tuesday that it swung to a first-half loss, with growth in earnings offset by market yield shift.

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