Land Securities Group Plc (LAND.L) – What Are Researchers Thinking About This Stock?

Shares of Land Securities Group Plc (LON:LAND) have been assigned an average rating of “Moderate Buy” from the ten brokerages that are currently covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is GBX 654.33.

Several brokerages have weighed in on LAND. Jefferies Financial Group reiterated a “hold” rating and issued a GBX 593 price objective on shares of Land Securities Group in a research note on Thursday, October 15th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Land Securities Group from GBX 730 to GBX 750 and gave the stock a “buy” rating in a report on Monday, October 5th. Finally, Berenberg Bank dropped their price target on shares of Land Securities Group from GBX 931 to GBX 863 and set a “buy” rating for the company in a research report on Wednesday, October 14th.

Land Securities Group Trading Down 0.2%

LAND stock opened at GBX 657 on Friday. Land Securities Group has a 52 week low of GBX 525 and a 52 week high of GBX 726. The company has a market capitalization of £5.44 billion, a PE ratio of 14.31, a price-to-earnings-growth ratio of 12.39 and a beta of 1.15. The company’s 50-day simple moving average is GBX 647.32 and its 200 day simple moving average is GBX 642.60. The company has a debt-to-equity ratio of 68.76, a quick ratio of 0.54 and a current ratio of 1.04.

Insider Buying and Selling

In other news, insider Vanessa Simms sold 77,458 shares of the stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of GBX 706, for a total transaction of £546,853.48. Also, insider Mark Allan sold 53,273 shares of the stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of GBX 706, for a total value of £376,107.38. In the last three months, insiders have purchased 69 shares of company stock worth $44,598 and have sold 257,194 shares worth $181,578,964. Corporate insiders own 0.56% 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.