Land Securities Group Plc (LON:LAND) Receives GBX 641.33 Consensus PT from Analysts

Land Securities Group Plc (LON:LAND) has earned an average recommendation of “Moderate Buy” from the ten ratings firms that are covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is GBX 641.33.

A number of analysts have weighed in on the company. The Goldman Sachs Group raised Land Securities Group to a “buy” rating and decreased their price objective for the stock from GBX 710 to GBX 690 in a research report on Monday, March 30th. UBS Group reissued a “buy” rating and issued a GBX 705 target price on shares of Land Securities Group in a report on Monday, May 11th. Jefferies Financial Group restated an “underperform” rating and set a GBX 462 price target on shares of Land Securities Group in a research note on Friday, May 15th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 730 price target on shares of Land Securities Group in a report on Friday, May 15th. Finally, Citigroup lowered their price objective on shares of Land Securities Group from GBX 627 to GBX 604 and set a “neutral” rating on the stock in a research report on Thursday, April 2nd.

Land Securities Group Price Performance

Shares of LON:LAND opened at GBX 693.50 on Wednesday. Land Securities Group has a one year low of GBX 522.50 and a one year high of GBX 701.50. The stock has a market capitalization of £5.17 billion, a price-to-earnings ratio of 15.11, a PEG ratio of 12.39 and a beta of 1.14. The company has a 50-day simple moving average of GBX 636.17 and a 200-day simple moving average of GBX 622.56. The company has a debt-to-equity ratio of 68.76, a quick ratio of 0.54 and a current ratio of 1.04.

Land Securities Group (LON:LAND) last released its quarterly earnings results on Thursday, May 14th. The company reported GBX 51.40 earnings per share (EPS) for the quarter. The firm had revenue of £892 million for the quarter. Land Securities Group had a return on equity of 5.29% and a net margin of 38.45%. On average, analysts predict that Land Securities Group will post 49.8433829 EPS for the current year.

Insider Activity at Land Securities Group

In other news, insider Mark Allan sold 42,500 shares of the firm’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of GBX 597, for a total value of £253,725. In the last ninety days, insiders have acquired 145 shares of company stock valued at $89,876. 0.53% of the stock is currently owned by company insiders.

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.