Land Securities Group (LON:LAND) Given “Hold” Rating at Jefferies Financial Group

Land Securities Group (LON:LAND)‘s stock had its “hold” rating reissued by investment analysts at Jefferies Financial Group in a note issued to investors on Tuesday,Digital Look reports. They presently have a GBX 550 ($6.98) price objective on the stock. Jefferies Financial Group’s target price points to a potential downside of 3.93% from the stock’s previous close.

Several other brokerages have also recently weighed in on LAND. Shore Capital reiterated a “hold” rating on shares of Land Securities Group in a research note on Tuesday. Berenberg Bank dropped their price objective on shares of Land Securities Group from GBX 755 ($9.58) to GBX 746 ($9.46) and set a “buy” rating for the company in a research note on Wednesday, December 4th.

Land Securities Group Stock Performance

Land Securities Group stock traded up GBX 2 ($0.03) during midday trading on Tuesday, hitting GBX 572.50 ($7.26). The company’s stock had a trading volume of 4,551,219 shares, compared to its average volume of 3,014,388. Land Securities Group has a 1-year low of GBX 565 ($7.17) and a 1-year high of GBX 729.40 ($9.25). The company has a debt-to-equity ratio of 58.63, a current ratio of 0.42 and a quick ratio of 0.54. The company has a 50-day moving average price of GBX 610.78 and a two-hundred day moving average price of GBX 629.79. The company has a market cap of £4.26 billion, a price-to-earnings ratio of -1,333.72, a PEG ratio of 12.39 and a beta of 1.44.

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.