Shares of Land Securities Group plc (LON:LAND) have received an average recommendation of “Hold” from the twelve brokerages that are presently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is GBX 1,077.58 ($14.61).

Several equities research analysts have recently weighed in on LAND shares. Numis Securities reissued a “hold” rating and issued a GBX 1,077 ($14.61) price objective on shares of Land Securities Group in a report on Monday, September 18th. Liberum Capital reissued a “hold” rating and issued a GBX 1,050 ($14.24) price objective on shares of Land Securities Group in a report on Monday, September 18th. Goldman Sachs Group reissued a “neutral” rating and issued a GBX 1,114 ($15.11) price objective on shares of Land Securities Group in a report on Wednesday, September 27th. Beaufort Securities restated a “long term buy” rating and set a GBX 1,150 ($15.60) price target on shares of Land Securities Group in a research note on Friday, October 20th. Finally, Peel Hunt restated an “add” rating and set a GBX 1,150 ($15.60) price target on shares of Land Securities Group in a research note on Tuesday, November 14th.

Land Securities Group (LAND) traded up GBX 4.70 ($0.06) during mid-day trading on Monday, hitting GBX 979.10 ($13.28). The stock had a trading volume of 1,672,893 shares, compared to its average volume of 2,720,000. The firm has a market capitalization of $7,260.00 and a P/E ratio of 4,079.58. Land Securities Group has a 1-year low of GBX 912 ($12.37) and a 1-year high of GBX 1,141 ($15.47).

Land Securities Group (LON:LAND) last posted its quarterly earnings data on Tuesday, November 14th. The company reported GBX 25.70 ($0.35) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of GBX 26.60 ($0.36) by GBX (0.90) (($0.01)). The firm had revenue of £366 million during the quarter. Land Securities Group had a negative net margin of 8.59% and a negative return on equity of 0.61%.

The firm also recently disclosed a dividend, which was paid on Friday, January 5th. Shareholders of record on Thursday, November 30th were given a GBX 9.85 ($0.13) dividend. This represents a yield of 1.07%. The ex-dividend date of this dividend was Thursday, November 30th.

In other Land Securities Group news, insider Robert Noel acquired 18,365 shares of the business’s stock in a transaction on Tuesday, November 14th. The stock was purchased at an average price of GBX 933 ($12.65) per share, for a total transaction of £171,345.45 ($232,364.32). Also, insider Martin F. Greenslade acquired 8,000 shares of the business’s stock in a transaction on Friday, December 1st. The stock was acquired at an average price of GBX 924 ($12.53) per share, with a total value of £73,920 ($100,244.10).

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Land Securities Group Company Profile

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.

Analyst Recommendations for Land Securities Group (LON:LAND)

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