Insider Buying: Land Securities Group (LON:LAND) Insider Acquires £150.48 in Stock

Land Securities Group Plc (LON:LAND) insider Vanessa Simms acquired 22 shares of the business’s stock in a transaction on Wednesday, November 4th. The shares were bought at an average price of GBX 684 per share, with a total value of £150.48.

Vanessa Simms also recently made the following trade(s):

• On Friday, September 4th, Vanessa Simms acquired 22 shares of Land Securities Group stock. The shares were purchased at an average price of GBX 662 per share, with a total value of £145.64.

Land Securities Group Price Performance

Land Securities Group stock opened at GBX 676.81 on Friday. Land Securities Group Plc has a 12 month low of GBX 525 and a 12 month high of GBX 726. The stock’s 50 day moving average is GBX 643.05 and its 200-day moving average is GBX 638.27. The company has a current ratio of 1.04, a quick ratio of 0.54 and a debt-to-equity ratio of 68.76. The company has a market capitalization of £5.61 billion, a price-to-earnings ratio of 14.75, a PEG ratio of 12.39 and a beta of 1.15.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft upped their price target on shares of Land Securities Group from GBX 730 to GBX 750 and gave the stock a “buy” rating in a report on Monday, October 5th. Jefferies Financial Group reissued a “hold” rating and issued a GBX 593 price objective on shares of Land Securities Group in a research note on Thursday, October 15th. Finally, Berenberg Bank decreased their price objective on shares of Land Securities Group from GBX 931 to GBX 863 and set a “buy” rating on the stock in a research note on Wednesday, October 14th. Six research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of GBX 654.33.

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.