Land Securities Group Plc (LON:LAND) Receives Average Recommendation of “Moderate Buy” from Analysts

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

Separately, Jefferies Financial Group reaffirmed an “underperform” rating and set a GBX 462 target price on shares of Land Securities Group in a research note on Monday, September 28th.

Land Securities Group Stock Performance

Shares of LON:LAND opened at GBX 616.48 on Monday. The company has a debt-to-equity ratio of 68.76, a current ratio of 1.04 and a quick ratio of 0.54. Land Securities Group has a 1 year low of GBX 525 and a 1 year high of GBX 726. The firm has a market capitalization of £4.59 billion, a PE ratio of 13.43, a P/E/G ratio of 12.39 and a beta of 1.15. The business’s 50 day moving average price is GBX 669.61 and its 200-day moving average price is GBX 635.39.

Insider Buying and Selling

In other news, insider Mark Allan sold 126,463 shares of Land Securities Group stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of GBX 706, for a total transaction of £892,828.78. Also, insider Vanessa Simms sold 77,458 shares of the business’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of GBX 706, for a total transaction of £546,853.48. Insiders sold a total of 257,194 shares of company stock worth $181,578,964 over the last three months. Corporate insiders own 0.55% 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.