Land Securities Group (LON:LAND) Insider Mark Allan Acquires 25 Shares of Stock

Land Securities Group Plc (LON:LAND) insider Mark Allan purchased 25 shares of Land Securities Group stock in a transaction that occurred on Wednesday, March 4th. The stock was purchased at an average price of GBX 619 per share, with a total value of £154.75.

Mark Allan also recently made the following trade(s):

• On Wednesday, February 4th, Mark Allan acquired 22 shares of Land Securities Group stock. The stock was purchased at an average cost of GBX 668 per share, for a total transaction of £146.96.
• On Monday, January 5th, Mark Allan bought 24 shares of Land Securities Group stock. The shares were purchased at an average cost of GBX 618 per share, with a total value of £148.32.

Land Securities Group Trading Down 1.9%

Shares of Land Securities Group stock opened at GBX 608.50 on Friday. The firm has a 50-day moving average of GBX 644.09 and a 200-day moving average of GBX 611.74. The stock has a market cap of £4.53 billion, a PE ratio of 18.27, a PEG ratio of 12.39 and a beta of 1.12. Land Securities Group Plc has a 52-week low of GBX 490.20 and a 52-week high of GBX 678.50. The company has a debt-to-equity ratio of 72.33, a quick ratio of 0.54 and a current ratio of 0.78.

Analyst Ratings Changes

A number of research analysts have issued reports on LAND shares. Berenberg Bank decreased their target price on shares of Land Securities Group from GBX 917 to GBX 897 and set a “buy” rating on the stock in a research report on Monday, January 26th. Panmure Gordon upgraded shares of Land Securities Group to a “buy” rating and lifted their price target for the company from GBX 424 to GBX 494 in a research report on Tuesday, December 2nd. Deutsche Bank Aktiengesellschaft cut their price target on Land Securities Group from GBX 760 to GBX 730 and set a “buy” rating for the company in a research note on Friday, November 14th. UBS Group restated a “buy” rating and set a GBX 725 price objective on shares of Land Securities Group in a research note on Friday, November 7th. Finally, Peel Hunt lowered their price objective 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. Five analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 644.43.

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.