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

Shares of Land Securities Group Plc (LON:LAND) have been given a consensus rating of “Moderate Buy” by the ten analysts that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and six have given a buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is GBX 641.33.

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

Insider Activity at Land Securities Group

In related news, insider Mark Allan sold 42,500 shares of Land Securities Group stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of GBX 597, for a total value of £253,725. Over the last 90 days, insiders have acquired 145 shares of company stock worth $89,876. 0.53% of the stock is currently owned by company insiders.

Land Securities Group Price Performance

LAND stock opened at GBX 672.50 on Wednesday. The firm has a 50 day simple moving average of GBX 630.48 and a two-hundred day simple moving average of GBX 620.93. The stock has a market cap of £5.01 billion, a PE ratio of 14.65, a P/E/G ratio of 12.39 and a beta of 1.14. Land Securities Group has a one year low of GBX 522.50 and a one year high of GBX 679.50. The company has a debt-to-equity ratio of 68.76, a current ratio of 1.04 and a quick ratio of 0.54.

Land Securities Group (LON:LAND) last posted its quarterly earnings data 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 for the quarter. On average, analysts predict that Land Securities Group will post 49.8433829 EPS for the current fiscal 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.