Land Securities Group Plc (LON:LAND) Receives Consensus Rating of “Hold” from Brokerages

Shares of Land Securities Group Plc (LON:LAND) have earned an average recommendation of “Hold” from the seven ratings firms that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is GBX 683.67 ($8.59).

Separately, Barclays increased their price target on Land Securities Group from GBX 700 ($8.79) to GBX 730 ($9.17) and gave the stock an “overweight” rating in a research note on Friday, May 3rd.

Insider Buying and Selling at Land Securities Group

In related news, insider Vanessa Simms acquired 22 shares of the company’s stock in a transaction on Wednesday, May 8th. The stock was acquired at an average price of £684.40 ($859.80) per share, with a total value of £15,056.80 ($18,915.58). Over the last 90 days, insiders have bought 69 shares of company stock valued at $1,535,260. 0.55% of the stock is owned by company insiders.

Land Securities Group Price Performance

Shares of LAND opened at GBX 686 ($8.62) on Friday. The stock has a market cap of £5.11 billion, a P/E ratio of -836.59, a P/E/G ratio of 12.39 and a beta of 1.45. The company has a quick ratio of 0.54, a current ratio of 0.49 and a debt-to-equity ratio of 56.72. Land Securities Group has a 12-month low of GBX 551.20 ($6.92) and a 12-month high of GBX 729.40 ($9.16). The business’s fifty day moving average is GBX 640.99 and its 200 day moving average is GBX 645.83.

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.