Land Securities Group Plc (LON:LAND) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Land Securities Group Plc (LON:LAND) have earned an average recommendation of “Moderate Buy” from the eight brokerages that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating on the company. The average 1-year target price among brokers that have covered the stock in the last year is GBX 644.43.

LAND has been the topic of a number of research reports. Berenberg Bank reduced 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. Peel Hunt decreased their target price on Land Securities Group from GBX 760 to GBX 750 and set a “buy” rating for the company in a research report on Tuesday, December 9th. Deutsche Bank Aktiengesellschaft dropped their price target on Land Securities Group from GBX 760 to GBX 730 and set a “buy” rating on the stock in a research report on Friday, November 14th. Jefferies Financial Group reaffirmed an “underperform” rating and issued a GBX 475 price objective on shares of Land Securities Group in a research note on Monday, November 17th. Finally, JPMorgan Chase & Co. increased their target price on shares of Land Securities Group from GBX 425 to GBX 440 and gave the stock a “neutral” rating in a report on Thursday, November 27th.

Insider Buying and Selling

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

Land Securities Group Trading Down 1.6%

Shares of LON LAND opened at GBX 644 on Friday. The stock has a market capitalization of £4.80 billion, a P/E ratio of 19.34, a PEG ratio of 12.39 and a beta of 1.44. Land Securities Group has a 1-year low of GBX 490.20 and a 1-year high of GBX 678.50. The business’s 50 day moving average is GBX 629.55 and its two-hundred day moving average is GBX 604.84. 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 announced its quarterly earnings data on Friday, November 14th. The company reported GBX 25.80 earnings per share for the quarter. Land Securities Group had a negative net margin of 38.71% and a negative return on equity of 4.88%. As a group, research analysts expect that Land Securities Group will post 49.8433829 EPS for the current year.

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.