Land Securities Group Plc (LON:LAND) Given Average Rating of “Moderate Buy” by Brokerages

Land Securities Group Plc (LON:LAND) has been assigned a consensus recommendation of “Moderate Buy” from the eight analysts that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is GBX 644.43.

Several equities analysts have recently commented on LAND shares. Berenberg Bank lowered their price objective on shares of Land Securities Group from GBX 917 to GBX 897 and set a “buy” rating for the company in a research note on Monday, January 26th. Shore Capital Group reiterated a “hold” rating on shares of Land Securities Group in a research report on Friday, November 14th. JPMorgan Chase & Co. boosted their target price on Land Securities Group from GBX 425 to GBX 440 and gave the company a “neutral” rating in a research note on Thursday, November 27th. UBS Group restated a “buy” rating and issued a GBX 725 price objective on shares of Land Securities Group in a report on Friday, November 7th. Finally, Jefferies Financial Group reiterated an “underperform” rating and set a GBX 475 price target on shares of Land Securities Group in a research report on Monday, November 17th.

Land Securities Group Price Performance

LAND stock opened at GBX 644 on Friday. The firm has a 50 day simple moving average of GBX 629.55 and a two-hundred day simple moving average of GBX 604.84. The stock has a market cap of £4.80 billion, a PE ratio of 19.34, a P/E/G ratio of 12.39 and a beta of 1.44. Land Securities Group has a one year low of GBX 490.20 and a one year high of GBX 678.50. The company has a debt-to-equity ratio of 59.04, a current ratio of 0.42 and a quick ratio of 0.54.

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

Insiders Place Their Bets

In other Land Securities Group news, insider Anne Richards acquired 16,497 shares of the company’s stock in a transaction that occurred on Thursday, December 18th. The shares were acquired at an average price of GBX 603 per share, with a total value of £99,476.91. Also, insider Baroness Casey bought 500 shares of the business’s stock in a transaction dated Monday, November 17th. The stock was bought at an average cost of GBX 615 per share, for a total transaction of £3,075. In the last quarter, insiders acquired 17,138 shares of company stock valued at $10,344,675. 0.53% of the stock is owned by corporate 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.