Land Securities Group Plc (LON:LAND) Receives GBX 644.43 Average PT from Analysts

Land Securities Group Plc (LON:LAND) has been assigned an average recommendation of “Moderate Buy” from the eight research firms that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is GBX 644.43.

LAND has been the topic of several recent analyst reports. Peel Hunt cut their price objective on shares of Land Securities Group from GBX 760 to GBX 750 and set a “buy” rating on the stock in a report on Tuesday, December 9th. Deutsche Bank Aktiengesellschaft decreased their price objective on Land Securities Group from GBX 760 to GBX 730 and set a “buy” rating on the stock in a report on Friday, November 14th. Panmure Gordon raised Land Securities Group to a “buy” rating and lifted their target price for the company from GBX 424 to GBX 494 in a research report on Tuesday, December 2nd. Jefferies Financial Group restated an “underperform” rating and issued a GBX 475 price target on shares of Land Securities Group in a research note on Monday, November 17th. Finally, UBS Group reiterated a “buy” rating and issued a GBX 725 price objective on shares of Land Securities Group in a research note on Friday, November 7th.

Land Securities Group Stock Up 1.4%

LON:LAND opened at GBX 669.50 on Friday. The firm has a market cap of £4.99 billion, a PE ratio of 20.11, a price-to-earnings-growth ratio of 12.39 and a beta of 1.44. Land Securities Group has a 1-year low of GBX 490.20 and a 1-year high of GBX 678.50. The company has a debt-to-equity ratio of 59.04, a current ratio of 0.42 and a quick ratio of 0.54. The company has a 50-day moving average of GBX 634.58 and a 200 day moving average of GBX 606.92.

Insider Buying and Selling at Land Securities Group

In other Land Securities Group news, insider Anne Richards purchased 16,497 shares of Land Securities Group stock in a transaction on Thursday, December 18th. The shares were bought at an average price of GBX 603 per share, with a total value of £99,476.91. Insiders have purchased a total of 16,638 shares of company stock valued at $10,037,175 over the last ninety days. Insiders own 0.53% of the company’s stock.

About Land Securities Group

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.