Land Securities Group (LON:LAND) Insider Purchases £148.80 in Stock

Land Securities Group Plc (LON:LAND) insider Mark Allan acquired 24 shares of the stock in a transaction dated Thursday, December 4th. The shares were bought at an average cost of GBX 620 per share, with a total value of £148.80.

Mark Allan also recently made the following trade(s):

• On Tuesday, November 4th, Mark Allan bought 25 shares of Land Securities Group stock. The stock was purchased at an average cost of GBX 617 per share, for a total transaction of £154.25.
• On Monday, October 6th, Mark Allan purchased 25 shares of Land Securities Group stock. The stock was purchased at an average price of GBX 593 per share, with a total value of £148.25.

Land Securities Group Trading Up 0.7%

LON LAND opened at GBX 618 on Monday. Land Securities Group Plc has a 52 week low of GBX 490.20 and a 52 week high of GBX 652.50. The firm has a 50 day moving average of GBX 614.49 and a two-hundred day moving average of GBX 597.45. 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 stock has a market capitalization of £4.60 billion, a PE ratio of 18.56, a price-to-earnings-growth 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 net margin of 38.71% and a negative return on equity of 4.88%. As a group, research analysts expect that Land Securities Group Plc will post 49.8433829 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on LAND. JPMorgan Chase & Co. lifted their price target on Land Securities Group from GBX 425 to GBX 440 and gave the stock a “neutral” rating in a report on Thursday, November 27th. Jefferies Financial Group reissued an “underperform” rating and set a GBX 475 target price on shares of Land Securities Group in a research report on Monday, November 17th. Panmure Gordon upgraded Land Securities Group to a “buy” rating and boosted their target price for the stock from GBX 424 to GBX 494 in a research note on Tuesday, December 2nd. UBS Group reaffirmed a “buy” rating and issued a GBX 725 price target on shares of Land Securities Group in a report on Friday, November 7th. Finally, Peel Hunt reissued a “buy” rating and set a GBX 760 price objective on shares of Land Securities Group in a 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat, Land Securities Group presently has a consensus rating of “Hold” and an average target price of GBX 604.

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.