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

Land Securities Group Plc (LON:LAND) has been assigned an average rating of “Moderate Buy” from the ten brokerages that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is GBX 641.33.

LAND has been the subject of several analyst reports. UBS Group reissued a “buy” rating and issued a GBX 705 target price on shares of Land Securities Group in a research note on Monday, May 11th. The Goldman Sachs Group raised shares of Land Securities Group to a “buy” rating and cut their target price for the company from GBX 710 to GBX 690 in a research note on Monday, March 30th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 730 price target on shares of Land Securities Group in a report on Friday, May 15th. Jefferies Financial Group restated an “underperform” rating and issued a GBX 462 price target on shares of Land Securities Group in a report on Friday, May 15th. Finally, Berenberg Bank restated a “buy” rating and issued a GBX 897 price target on shares of Land Securities Group in a report on Thursday, May 14th.

Land Securities Group Trading Down 1.6%

Shares of LAND stock opened at GBX 620.50 on Friday. The firm has a 50-day moving average price of GBX 611.57 and a 200 day moving average price of GBX 614.57. Land Securities Group has a twelve month low of GBX 522.50 and a twelve month high of GBX 679.50. The company has a market capitalization of £4.62 billion, a price-to-earnings ratio of 13.52, a PEG ratio of 12.39 and a beta of 1.15. The company has a current ratio of 1.04, a quick ratio of 0.54 and a debt-to-equity ratio of 68.76.

Land Securities Group (LON:LAND) last announced its earnings results on Thursday, May 14th. The company reported GBX 51.40 earnings per share for the quarter. Land Securities Group had a net margin of 38.45% and a return on equity of 5.29%. The firm had revenue of £892 million during the quarter. Research analysts forecast that Land Securities Group will post 49.8433829 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Land Securities Group news, insider Mark Allan sold 42,500 shares of Land Securities Group stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of GBX 597, for a total value of £253,725. In the last three months, insiders bought 99 shares of company stock valued at $59,838. 0.53% of the stock is owned by insiders.

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.