Insider Buying: Land Securities Group (LON:LAND) Insider Purchases £150.48 in Stock

Land Securities Group Plc (LON:LAND) insider Mark Allan bought 22 shares of the firm’s stock in a transaction that occurred on Wednesday, November 4th. The shares were acquired at an average cost of GBX 684 per share, with a total value of £150.48.

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

• On Monday, October 5th, Mark Allan bought 24 shares of Land Securities Group stock. The stock was acquired at an average price of GBX 617 per share, with a total value of £148.08.
• On Friday, September 4th, Mark Allan purchased 23 shares of Land Securities Group stock. The stock was acquired at an average cost of GBX 662 per share, for a total transaction of £152.26.

Land Securities Group Price Performance

Shares of LAND opened at GBX 676.81 on Friday. The firm has a market cap of £5.61 billion, a PE ratio of 14.75, a price-to-earnings-growth ratio of 12.39 and a beta of 1.15. Land Securities Group Plc has a 52-week low of GBX 525 and a 52-week high of GBX 726. The business’s 50 day moving average price is GBX 643.05 and its two-hundred day moving average price is GBX 638.27. The company has a debt-to-equity ratio of 68.76, a quick ratio of 0.54 and a current ratio of 1.04.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on LAND shares. Berenberg Bank lowered their price objective on shares of Land Securities Group from GBX 931 to GBX 863 and set a “buy” rating for the company in a research note on Wednesday, October 14th. Jefferies Financial Group reissued a “hold” rating and set a GBX 593 target price on shares of Land Securities Group in a research note on Thursday, October 15th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on shares of Land Securities Group from GBX 730 to GBX 750 and gave the stock a “buy” rating in a research note on Monday, October 5th. Six investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of GBX 654.33.

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.