Land Securities Group’s (LAND) Buy Rating Reaffirmed at Deutsche Bank Aktiengesellschaft

Land Securities Group (LON:LAND)‘s stock had its “buy” rating reiterated by investment analysts at Deutsche Bank Aktiengesellschaft in a research report issued to clients and investors on Friday,London Stock Exchange reports. They currently have a GBX 730 price objective on the stock. Deutsche Bank Aktiengesellschaft’s target price would indicate a potential upside of 27.96% from the stock’s previous close.

A number of other equities analysts also recently commented on LAND. UBS Group reiterated a “buy” rating and set a GBX 705 target price on shares of Land Securities Group in a research note on Monday. Jefferies Financial Group reiterated an “underperform” rating and issued a GBX 462 price objective on shares of Land Securities Group in a report on Friday. Citigroup cut their target price on 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. The Goldman Sachs Group upgraded shares of Land Securities Group to a “buy” rating and dropped their price target for the company from GBX 710 to GBX 690 in a research note on Monday, March 30th. Finally, Berenberg Bank restated a “buy” rating and set a GBX 897 price objective on shares of Land Securities Group in a research report on Thursday. Six investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Land Securities Group currently has an average rating of “Moderate Buy” and a consensus price target of GBX 641.33.

Land Securities Group Stock Down 2.2%

Shares of LAND stock traded down GBX 13 during trading hours on Friday, reaching GBX 570.50. 38,978,914 shares of the stock were exchanged, compared to its average volume of 16,056,961. Land Securities Group has a 12-month low of GBX 522.50 and a 12-month high of GBX 678.50. The business’s fifty day moving average is GBX 583.35 and its two-hundred day moving average is GBX 613.01. The company has a debt-to-equity ratio of 72.33, a current ratio of 0.78 and a quick ratio of 0.54. The firm has a market capitalization of £4.25 billion, a P/E ratio of 17.13, a P/E/G ratio of 12.39 and a beta of 1.13.

Land Securities Group (LON:LAND) last posted its quarterly earnings results on Thursday, May 14th. The company reported GBX 51.40 EPS for the quarter. Land Securities Group had a net margin of 27.98% and a return on equity of 3.85%. The company had revenue of £892 million during the quarter. As a group, research analysts expect that Land Securities Group will post 49.8433829 EPS for the current fiscal year.

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.