Peel Hunt reiterated their hold rating on shares of Land Securities Group (LON:LAND) in a report released on Tuesday morning, ThisIsMoney.Co.Uk reports.
Several other equities analysts have also recently issued reports on the company. Royal Bank of Canada reissued an outperform rating and issued a GBX 1,100 ($14.37) price objective on shares of Land Securities Group in a report on Monday, June 24th. Goldman Sachs Group reissued a neutral rating on shares of Land Securities Group in a report on Thursday, August 8th. Deutsche Bank reissued a buy rating on shares of Land Securities Group in a report on Friday, July 12th. Liberum Capital cut Land Securities Group to a hold rating and decreased their price objective for the company from GBX 1,000 ($13.07) to GBX 950 ($12.41) in a report on Monday, May 20th. Finally, Morgan Stanley decreased their price objective on Land Securities Group from GBX 950 ($12.41) to GBX 840 ($10.98) and set an equal weight rating for the company in a report on Monday, September 2nd. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus price target of GBX 928.09 ($12.13).
Shares of LAND stock opened at GBX 846.80 ($11.06) on Tuesday. The stock has a market cap of $6.28 billion and a PE ratio of -52.60. The business has a 50-day simple moving average of GBX 785.99 and a 200-day simple moving average of GBX 856.32. The company has a quick ratio of 0.35, a current ratio of 0.42 and a debt-to-equity ratio of 38.12. Land Securities Group has a 52-week low of GBX 473.27 ($6.18) and a 52-week high of GBX 940.20 ($12.29).
In related news, insider Robert Noel sold 15,616 shares of Land Securities Group stock in a transaction dated Wednesday, August 21st. The stock was sold at an average price of GBX 749 ($9.79), for a total value of £116,963.84 ($152,833.97).
Land Securities Group Company Profile
At Landsec, we believe great places are for people to experience and are made with the experience of great people. Across 24 million sq ft of real estate and a portfolio valued at £14.1 billion, we own and manage some of the most successful and recognisable assets in the country. In London, our portfolio totals more than £7.8 billion, and consists of 6.4 million sq ft of real estate.
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