Land Securities Group (LON:LAND) Price Target Increased to GBX 730 by Analysts at Barclays

Land Securities Group (LON:LAND) had its target price hoisted by Barclays from GBX 700 ($8.79) to GBX 730 ($9.17) in a research report report published on Friday morning, Marketbeat.com reports. Barclays currently has an overweight rating on the stock.

Separately, Berenberg Bank initiated coverage on shares of Land Securities Group in a research report on Wednesday, January 10th. They issued a buy rating and a GBX 807 ($10.14) target price for the company. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Land Securities Group has an average rating of Hold and a consensus price target of GBX 683.67 ($8.59).

Land Securities Group Price Performance

LAND stock opened at GBX 667 ($8.38) on Friday. Land Securities Group has a 52-week low of GBX 551.20 ($6.92) and a 52-week high of GBX 729.40 ($9.16). The firm has a market capitalization of £4.97 billion, a price-to-earnings ratio of -813.41, a PEG ratio of 12.39 and a beta of 1.45. The firm has a 50 day moving average price of GBX 637.03 and a 200-day moving average price of GBX 644.51. The company has a debt-to-equity ratio of 56.72, a quick ratio of 0.54 and a current ratio of 0.49.

About Land Securities Group

At Landsec, we build and invest in buildings, spaces and partnerships to create sustainable places, connect communities and realise potential. We are one of the largest real estate companies in Europe, with a £12 billion portfolio of retail, leisure, workspace and residential hubs. Landsec is shaping a better future by leading our industry on environmental and social sustainability while delivering value for our shareholders, great experiences for our guests and positive change for our communities.