Land Securities Group Plc (LON:LAND) Stock Rated “Moderate Buy” by Sell-Side Brokerages

Land Securities Group Plc (LON:LAND) has been given a consensus recommendation of “Moderate Buy” by the ten analysts that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is GBX 641.33.

Separately, Jefferies Financial Group reaffirmed an “underperform” rating and issued a GBX 462 price target on shares of Land Securities Group in a report on Monday, September 28th.

Insider Transactions at Land Securities Group

In other news, insider Vanessa Simms sold 77,458 shares of Land Securities Group stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of GBX 706, for a total value of £546,853.48. Also, insider Mark Allan sold 126,463 shares of Land Securities Group stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of GBX 706, for a total value of £892,828.78. In the last 90 days, insiders have acquired 91 shares of company stock valued at $59,828 and have sold 257,194 shares valued at $181,578,964. Insiders own 0.55% of the company’s stock.

Land Securities Group Stock Up 1.2%

Shares of LON:LAND opened at GBX 615 on Monday. The company has a quick ratio of 0.54, a current ratio of 1.04 and a debt-to-equity ratio of 68.76. The business has a fifty day moving average of GBX 669.61 and a two-hundred day moving average of GBX 635.09. The stock has a market cap of £4.58 billion, a P/E ratio of 13.40, a PEG ratio of 12.39 and a beta of 1.15. Land Securities Group has a 52-week low of GBX 525 and a 52-week high of GBX 726.

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.