Shares of Land Securities Group plc (LON:LAND) have been assigned a consensus rating of “Hold” from the twelve ratings firms that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation and two have given a buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is GBX 1,059.67 ($14.64).

A number of equities research analysts have commented on LAND shares. Credit Suisse Group cut Land Securities Group to a “neutral” rating and decreased their price target for the company from GBX 1,140.74 ($15.76) to GBX 1,035 ($14.30) in a report on Wednesday, December 6th. Liberum Capital reissued a “hold” rating and set a GBX 1,120 ($15.47) price target on shares of Land Securities Group in a report on Friday, December 15th. Jefferies Group reissued a “hold” rating and set a GBX 875 ($12.09) price target on shares of Land Securities Group in a report on Wednesday, November 15th. Beaufort Securities reissued a “long term buy” rating and set a GBX 1,150 ($15.89) price target on shares of Land Securities Group in a report on Friday, October 20th. Finally, Peel Hunt reissued an “add” rating and set a GBX 1,150 ($15.89) price target on shares of Land Securities Group in a report on Tuesday, November 14th.

In other Land Securities Group news, insider Martin F. Greenslade purchased 8,000 shares of the firm’s stock in a transaction on Friday, December 1st. The shares were acquired at an average cost of GBX 924 ($12.77) per share, with a total value of £73,920 ($102,127.66).

Shares of Land Securities Group (LON:LAND) traded down GBX 3.10 ($0.04) during trading on Friday, reaching GBX 930.70 ($12.86). The company had a trading volume of 1,990,000 shares, compared to its average volume of 2,280,000. Land Securities Group has a one year low of GBX 912 ($12.60) and a one year high of GBX 1,141 ($15.76). The company has a market cap of $6,900.00 and a PE ratio of 3,877.92.

Land Securities Group (LON:LAND) last announced its earnings results on Tuesday, November 14th. The company reported GBX 25.70 ($0.36) EPS for the quarter, missing the Zacks’ consensus estimate of GBX 26.60 ($0.37) by GBX (0.90) (($0.01)). Land Securities Group had a negative return on equity of 0.61% and a negative net margin of 8.59%. The company had revenue of £366 million during the quarter.

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About Land Securities Group

Land Securities Group PLC is a United Kingdom-based holding company. The Company is a real estate investment trust (REIT). The Company operates through two segments: Retail Portfolio and the London Portfolio. The Company’s Retail Portfolio includes all the shopping centers and shops (excluding central London shops), hotels and leisure assets, and retail warehouse properties.

Analyst Recommendations for Land Securities Group (LON:LAND)

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