Land Securities Group (LON:LAND) Insider Purchases £3,075 in Stock

Land Securities Group Plc (LON:LAND) insider Baroness Casey purchased 500 shares of the stock in a transaction dated Monday, November 17th. The stock was bought at an average cost of GBX 615 per share, with a total value of £3,075.

Land Securities Group Stock Performance

Shares of LAND stock opened at GBX 597 on Thursday. The company has a market capitalization of £4.45 billion, a price-to-earnings ratio of 11.26, a price-to-earnings-growth ratio of 12.39 and a beta of 1.44. The company has a debt-to-equity ratio of 59.04, a quick ratio of 0.54 and a current ratio of 0.42. Land Securities Group Plc has a one year low of GBX 490.20 and a one year high of GBX 652.50. The company’s 50-day moving average is GBX 604.57 and its 200 day moving average is GBX 597.31.

Land Securities Group (LON:LAND) last issued its earnings results on Friday, November 14th. The company reported GBX 25.80 earnings per share (EPS) for the quarter. Land Securities Group had a negative net margin of 38.71% and a negative return on equity of 4.88%. Sell-side analysts expect that Land Securities Group Plc will post 49.8433829 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have commented on LAND. Jefferies Financial Group reiterated an “underperform” rating and set a GBX 475 target price on shares of Land Securities Group in a research note on Monday. Shore Capital reaffirmed a “hold” rating on shares of Land Securities Group in a report on Friday, November 14th. UBS Group reiterated a “buy” rating and issued a GBX 725 price objective on shares of Land Securities Group in a report on Friday, November 7th. Peel Hunt reissued a “buy” rating and issued a GBX 760 target price on shares of Land Securities Group in a research report on Tuesday, September 30th. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on shares of Land Securities Group from GBX 760 to GBX 730 and set a “buy” rating on the stock in a report on Friday, November 14th. Four research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Land Securities Group presently has a consensus rating of “Hold” and a consensus price target of GBX 691.

Land Securities Group Company Profile

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.