Barclays Reiterates Overweight Rating for Land Securities Group (LON:LAND)

Land Securities Group (LON:LAND – Get Rating)‘s stock had its “overweight” rating reaffirmed by research analysts at Barclays in a research note issued to investors on Wednesday, Marketbeat reports. They currently have a GBX 680 ($8.52) price objective on the stock. Barclays‘s price objective would indicate a potential upside of 9.57% from the stock’s previous close.

Separately, Peel Hunt reaffirmed a “buy” rating and set a GBX 725 ($9.08) target price on shares of Land Securities Group in a research note on Tuesday. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of GBX 745 ($9.33).

Land Securities Group Price Performance

Shares of LAND opened at GBX 620.60 ($7.77) on Wednesday. Land Securities Group has a fifty-two week low of GBX 459.30 ($5.75) and a fifty-two week high of GBX 784.80 ($9.83). The firm’s 50 day moving average price is GBX 630.71 and its 200 day moving average price is GBX 646.17. The company has a market cap of £4.60 billion, a P/E ratio of 1,108.21, a PEG ratio of 13.68 and a beta of 1.38. The company has a quick ratio of 0.54, a current ratio of 0.75 and a debt-to-equity ratio of 48.78.

Land Securities Group Company Profile

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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 £11 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.