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

Shares of Land Securities Group Plc (LON:LAND) have been assigned an average recommendation of “Moderate Buy” from the eight brokerages that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is GBX 644.43.

A number of research analysts have recently issued reports on the stock. JPMorgan Chase & Co. lifted their target price on shares of Land Securities Group from GBX 425 to GBX 440 and gave the company a “neutral” rating in a research note on Thursday, November 27th. Berenberg Bank decreased their price target on 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 dropped their price target on Land Securities Group from GBX 760 to GBX 750 and set a “buy” rating for the company in a report on Tuesday, December 9th. Finally, Panmure Gordon upgraded Land Securities Group to a “buy” rating and lifted their price objective for the company from GBX 424 to GBX 494 in a research report on Tuesday, December 2nd.

Land Securities Group Price Performance

LON:LAND opened at GBX 575 on Thursday. The company has a quick ratio of 0.54, a current ratio of 0.78 and a debt-to-equity ratio of 72.33. The firm has a market cap of £4.28 billion, a PE ratio of 17.27, a price-to-earnings-growth ratio of 12.39 and a beta of 1.12. Land Securities Group has a 12 month low of GBX 490.20 and a 12 month high of GBX 678.50. The company’s 50-day moving average price is GBX 638.62 and its two-hundred day moving average price is GBX 613.19.

About Land Securities Group

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.