Land Securities Group plc (LON:LAND) released its quarterly earnings results on Tuesday. The company reported GBX 25.70 ($0.34) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of GBX 26.60 ($0.35) by GBX (0.90) (($0.01)), Bloomberg Earnings reports. Land Securities Group plc had a return on equity of 3.63% and a net margin of 50.86%. The company had revenue of GBX 3,660 billion for the quarter.

Shares of Land Securities Group plc (LON:LAND) opened at GBX 935.40 ($12.30) on Tuesday. Land Securities Group plc has a 52 week low of GBX 933 ($12.27) and a 52 week high of GBX 1,141 ($15.01).

In other Land Securities Group plc news, insider Alison J. Carnwath bought 10,050 shares of Land Securities Group plc stock in a transaction that occurred on Monday, September 18th. The shares were purchased at an average cost of GBX 978 ($12.86) per share, for a total transaction of £98,289 ($129,276.60).

TRADEMARK VIOLATION NOTICE: This news story was originally posted by American Banking News and is the sole property of of American Banking News. If you are viewing this news story on another domain, it was illegally stolen and republished in violation of U.S. and international copyright and trademark legislation. The original version of this news story can be accessed at https://www.americanbankingnews.com/2017/11/14/land-securities-group-plc-land-releases-quarterly-earnings-results-misses-expectations-by-0-90-eps.html.

A number of research analysts recently weighed in on the company. Liberum Capital reaffirmed a “hold” rating and set a GBX 1,050 ($13.81) price objective on shares of Land Securities Group plc in a report on Tuesday. Peel Hunt reaffirmed an “add” rating and set a GBX 1,150 ($15.13) price objective on shares of Land Securities Group plc in a report on Tuesday. Numis Securities Ltd reaffirmed a “hold” rating and set a GBX 1,025 ($13.48) price objective on shares of Land Securities Group plc in a report on Thursday, July 27th. Credit Suisse Group reaffirmed an “outperform” rating and set a GBX 1,140 ($14.99) price objective on shares of Land Securities Group plc in a report on Wednesday, September 13th. Finally, Deutsche Bank AG upped their target price on Land Securities Group plc from GBX 1,000 ($13.15) to GBX 1,050 ($13.81) and gave the company a “hold” rating in a report on Monday, September 11th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and two have issued a buy rating to the company. Land Securities Group plc presently has a consensus rating of “Hold” and an average target price of GBX 1,109 ($14.59).

About Land Securities Group plc

Land Securities Group PLC is a United Kingdom-based holding company. The Company is a real estate investment trust (REIT). The Company operates through two segments: Retail Portfolio and the London Portfolio. The Company’s Retail Portfolio includes all the shopping centers and shops (excluding central London shops), hotels and leisure assets, and retail warehouse properties.

Receive News & Ratings for Land Securities Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Land Securities Group plc and related companies with MarketBeat.com's FREE daily email newsletter.