Land Securities Group (OTCMKTS:LDSCY) Shares Up 0.2% – Should You Buy?

Land Securities Group Plc (OTCMKTS:LDSCY) shares rose 0.2% during trading on Friday. The company traded as high as $8.70 and last traded at $8.61. 79,785 shares traded hands during mid-day trading, a decline of 27% from the average session volume of 108,855 shares. The stock had previously closed at $8.59.

Analysts Set New Price Targets

A number of research firms recently weighed in on LDSCY. Barclays reiterated an “overweight” rating on shares of Land Securities Group in a research report on Monday, August 24th. Jefferies Financial Group raised shares of Land Securities Group to a “hold” rating in a research report on Wednesday. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Land Securities Group Trading Up 0.2%

The stock has a fifty day moving average of $8.78 and a two-hundred day moving average of $8.64.

Land Securities Group Company Profile

Land Securities Group plc, commonly known as Landsec, is a United Kingdom-based commercial property company. It owns, develops, and manages a diversified portfolio of office, retail, leisure, and mixed-use properties, with a particular focus on major urban locations.

The company’s activities include property investment, development, asset management, and the creation of mixed-use destinations that combine workplaces, shops, restaurants, entertainment venues, and residential accommodation.