Land Securities Group (LON:LAND) Stock Gets Price Target Increase from Deutsche Bank Aktiengesellschaft

Land Securities Group (LON:LAND) had its price target lifted by equities researchers at Deutsche Bank Aktiengesellschaft from GBX 730 to GBX 750 in a research note issued to investors on Monday, MarketBeat Ratings reports. The brokerage presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price indicates a potential upside of 21.46% from the stock’s previous close.

Separately, Jefferies Financial Group reiterated an “underperform” rating and set a GBX 462 price objective on shares of Land Securities Group in a research note on Monday, September 28th. Six investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 643.56.

Land Securities Group Trading Down 0.2%

Land Securities Group stock opened at GBX 617.50 on Monday. Land Securities Group has a 1 year low of GBX 525 and a 1 year high of GBX 726. The firm’s 50-day moving average is GBX 666.21 and its 200-day moving average is GBX 635.75. The company has a debt-to-equity ratio of 68.76, a quick ratio of 0.54 and a current ratio of 1.04. The company has a market cap of £4.60 billion, a P/E ratio of 13.45, a PEG ratio of 12.39 and a beta of 1.15.

Insiders Place Their Bets

In related news, insider Vanessa Simms sold 77,458 shares of the company’s stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of GBX 706, for a total transaction of £546,853.48. Also, insider Mark Allan sold 126,463 shares of the stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of GBX 706, for a total value of £892,828.78. Over the last 90 days, insiders have purchased 69 shares of company stock valued at $44,598 and have sold 257,194 shares valued at $181,578,964. 0.55% of the stock is owned by corporate insiders.

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.