Land Securities Group PLC (OTCMKTS:LSGOF – Get Free Report) was the target of a large drop in short interest in May. As of May 15th, there was short interest totaling 413,661 shares, a drop of 40.3% from the April 30th total of 693,040 shares. Based on an average daily volume of 3,675 shares, the short-interest ratio is currently 112.6 days. Approximately 0.1% of the shares of the stock are short sold.
Analysts Set New Price Targets
A number of brokerages have recently weighed in on LSGOF. The Goldman Sachs Group raised shares of Land Securities Group from a “hold” rating to a “strong-buy” rating in a research note on Sunday, March 29th. Jefferies Financial Group cut shares of Land Securities Group from a “moderate sell” rating to a “strong sell” rating in a research note on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, Land Securities Group currently has an average rating of “Moderate Buy”.
Read Our Latest Stock Analysis on Land Securities Group
Land Securities Group Stock Performance
About Land Securities Group
Land Securities Group (OTCMKTS:LSGOF), commonly known as Landsec, is one of the United Kingdom’s largest commercial property development and investment companies. The firm specializes in the acquisition, development, and management of a diversified real estate portfolio, which spans office spaces, retail centres, leisure venues and residential projects. Landsec’s integrated approach combines property investment with active asset and estate management, aiming to enhance value through strategic redevelopment and sustainable building practices.
Landsec’s portfolio is concentrated primarily in key urban markets across the UK, with a particular focus on central London, major regional towns and cities.
Further Reading
- Five stocks we like better than Land Securities Group
- Why These Three Big Buybacks Are Sending Very Different Signals to Investors
- Drone Stocks Soar As Pentagon Considers Funding, Including a Trump-Linked Name
- Braze Blazes Ahead on Q1 2027 Earnings Beat, Raised Guidance
- Are the 3 Newest Members of the $1 Trillion Market Cap Club the Latest Sign of an AI Bubble?
Receive News & Ratings for Land Securities Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Land Securities Group and related companies with MarketBeat.com's FREE daily email newsletter.
