Land Securities Group (LON:LAND) Price Target Increased to GBX 730 by Analysts at Barclays

Land Securities Group (LON:LAND) had its target price lifted by Barclays from GBX 700 ($8.79) to GBX 730 ($9.17) in a research note issued to investors on Friday morning, Marketbeat reports. The firm currently has an overweight rating on the stock.

Separately, Berenberg Bank began coverage on Land Securities Group in a report on Wednesday, January 10th. They set a buy rating and a GBX 807 ($10.14) target price on the stock. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of Hold and an average price target of GBX 683.67 ($8.59).

Land Securities Group Trading Up 1.4 %

Shares of LAND stock opened at GBX 667 ($8.38) on Friday. The stock has a 50 day simple moving average of GBX 635.28 and a 200 day simple moving average of GBX 642.60. Land Securities Group has a 1 year low of GBX 551.20 ($6.92) and a 1 year high of GBX 729.40 ($9.16). The company has a current ratio of 0.49, a quick ratio of 0.54 and a debt-to-equity ratio of 56.72. The stock has a market cap of £4.97 billion, a P/E ratio of -813.41, a price-to-earnings-growth ratio of 12.39 and a beta of 1.45.

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.