Land Securities Group Plc (LON:LAND) Stock Has Consensus Target Price of GBX 654.33 According to Brokerages

Shares of Land Securities Group Plc (LON:LAND) have been assigned a consensus rating of “Moderate Buy” from the ten analysts that are currently covering the company, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is GBX 654.33.

A number of equities analysts have weighed in on LAND shares. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Land Securities Group from GBX 730 to GBX 750 and gave the stock a “buy” rating in a research note on Monday, October 5th. Berenberg Bank decreased their price target on shares of Land Securities Group from GBX 931 to GBX 863 and set a “buy” rating on the stock in a research note on Wednesday, October 14th. Finally, Jefferies Financial Group reissued a “hold” rating and set a GBX 593 price target on shares of Land Securities Group in a research note on Thursday, October 15th.

Land Securities Group Trading Up 0.8%

Shares of LON:LAND opened at GBX 665 on Friday. The firm has a fifty day moving average of GBX 644.30 and a two-hundred day moving average of GBX 636.95. The firm has a market capitalization of £5.51 billion, a P/E ratio of 14.49, a price-to-earnings-growth ratio of 12.39 and a beta of 1.15. Land Securities Group has a 12-month low of GBX 525 and a 12-month high of GBX 726. The company has a quick ratio of 0.54, a current ratio of 1.04 and a debt-to-equity ratio of 68.76.

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.