Land Securities Group’s (LAND) Underperform Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reaffirmed their underperform rating on shares of Land Securities Group (LON:LAND) in a research note issued to investors on Monday morning, MarketBeat.com reports. Jefferies Financial Group currently has a GBX 475 price target on the stock.

A number of other research firms have also recently weighed in on LAND. Shore Capital reaffirmed a “hold” rating on shares of Land Securities Group in a research note on Friday, November 14th. UBS Group restated a “buy” rating and set a GBX 725 price objective on shares of Land Securities Group in a research report on Friday, November 7th. Finally, Peel Hunt restated a “buy” rating and issued a GBX 760 price objective on shares of Land Securities Group in a research report on Tuesday, September 30th. 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 an average rating of “Hold” and an average target price of GBX 691.

Land Securities Group Stock Down 0.4%

Shares of LON:LAND opened at GBX 597 on Monday. Land Securities Group has a fifty-two week low of GBX 490.20 and a fifty-two week high of GBX 652.50. The company has a quick ratio of 0.54, a current ratio of 0.42 and a debt-to-equity ratio of 59.04. The firm’s 50-day simple moving average is GBX 604.57 and its 200-day simple moving average is GBX 597.31. The company has a market cap of £4.45 billion, a price-to-earnings ratio of 11.26, a PEG ratio of 12.39 and a beta of 1.44.

Land Securities Group (LON:LAND) last announced its quarterly earnings data on Friday, November 14th. The company reported GBX 25.80 earnings per share for the quarter. Land Securities Group had a negative return on equity of 4.88% and a negative net margin of 38.71%. As a group, equities research analysts predict that Land Securities Group will post 49.8433829 earnings per share for the current year.

Insider Activity

In other news, insider Baroness Casey bought 500 shares of Land Securities Group stock in a transaction dated Monday, November 17th. The shares were acquired at an average cost of GBX 615 per share, with a total value of £3,075. Insiders have purchased a total of 655 shares of company stock worth $397,676 in the last 90 days. Company insiders own 0.53% of the company’s stock.

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.