Land Securities Group Plc (LON:LAND) Given Average Rating of “Hold” by Analysts

Shares of Land Securities Group Plc (LON:LAND) have received a consensus rating of “Hold” from the seven brokerages that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is GBX 602.33.

A number of research analysts recently issued reports on the company. Panmure Gordon upgraded Land Securities Group to a “buy” rating and boosted their price target for the company from GBX 424 to GBX 494 in a report on Tuesday, December 2nd. Peel Hunt reduced their target price on Land Securities Group from GBX 760 to GBX 750 and set a “buy” rating on the stock in a research note on Tuesday, December 9th. Deutsche Bank Aktiengesellschaft decreased their target price on Land Securities Group from GBX 760 to GBX 730 and set a “buy” rating for the company in a report on Friday, November 14th. JPMorgan Chase & Co. lifted their price target on shares of Land Securities Group from GBX 425 to GBX 440 and gave the company a “neutral” rating in a report on Thursday, November 27th. Finally, Jefferies Financial Group restated an “underperform” rating and issued a GBX 475 price objective on shares of Land Securities Group in a report on Monday, November 17th.

Land Securities Group Trading Up 0.4%

LON:LAND opened at GBX 637.69 on Wednesday. The firm has a market capitalization of £4.75 billion, a P/E ratio of 19.15, a P/E/G ratio of 12.39 and a beta of 1.44. The company has a quick ratio of 0.54, a current ratio of 0.42 and a debt-to-equity ratio of 59.04. The company has a fifty day moving average of GBX 613.14 and a 200 day moving average of GBX 596.13. Land Securities Group has a 52 week low of GBX 490.20 and a 52 week high of GBX 655.50.

Land Securities Group (LON:LAND) last released its quarterly earnings data on Friday, November 14th. The company reported GBX 25.80 earnings per share (EPS) for the quarter. Land Securities Group had a negative net margin of 38.71% and a negative return on equity of 4.88%. On average, research analysts predict that Land Securities Group will post 49.8433829 earnings per share for the current year.

Insider Transactions at Land Securities Group

In other news, insider Baroness Casey bought 500 shares of Land Securities Group stock in a transaction on Monday, November 17th. The shares were purchased at an average price of GBX 615 per share, for a total transaction of £3,075. Also, insider Anne Richards bought 16,497 shares of the firm’s stock in a transaction dated Thursday, December 18th. The stock was purchased at an average cost of GBX 603 per share, with a total value of £99,476.91. Over the last three months, insiders purchased 17,142 shares of company stock valued at $10,344,848. 0.53% of the stock is owned by 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.