Mark Allan Acquires 24 Shares of Land Securities Group (LON:LAND) Stock

Land Securities Group Plc (LON:LAND) insider Mark Allan purchased 24 shares of the business’s stock in a transaction that occurred on Monday, January 5th. The stock was bought at an average cost of GBX 618 per share, with a total value of £148.32.

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

• On Thursday, December 4th, Mark Allan purchased 24 shares of Land Securities Group stock. The shares were bought at an average price of GBX 620 per share, with a total value of £148.80.
• On Tuesday, November 4th, Mark Allan bought 25 shares of Land Securities Group stock. The stock was purchased at an average price of GBX 617 per share, for a total transaction of £154.25.

Land Securities Group Trading Down 0.5%

Shares of LAND opened at GBX 641.27 on Friday. Land Securities Group Plc has a 52-week low of GBX 490.20 and a 52-week high of GBX 652.50. The stock has a market cap of £4.78 billion, a PE ratio of 19.26, a price-to-earnings-growth ratio of 12.39 and a beta of 1.44. The firm’s fifty day moving average is GBX 612.25 and its two-hundred day moving average is GBX 595.51. The company has a quick ratio of 0.54, a current ratio of 0.42 and a debt-to-equity ratio of 59.04.

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

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on LAND shares. UBS Group reiterated a “buy” rating and issued a GBX 725 target price on shares of Land Securities Group in a report on Friday, November 7th. Shore Capital reiterated a “hold” rating on shares of Land Securities Group in a report on Friday, November 14th. Panmure Gordon raised Land Securities Group to a “buy” rating and raised their target price for the stock from GBX 424 to GBX 494 in a research note on Tuesday, December 2nd. JPMorgan Chase & Co. lifted their target price on Land Securities Group from GBX 425 to GBX 440 and gave the company a “neutral” rating in a research report on Thursday, November 27th. Finally, Peel Hunt decreased their price target 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. Four investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of GBX 602.33.

Land Securities Group Company Profile

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.