Insider Buying: Land Securities Group (LON:LAND) Insider Purchases £145.64 in Stock

Land Securities Group Plc (LON:LAND) insider Vanessa Simms acquired 22 shares of the stock in a transaction dated Friday, September 4th. The stock was acquired at an average cost of GBX 662 per share, with a total value of £145.64.

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

• On Tuesday, July 28th, Vanessa Simms sold 77,458 shares of Land Securities Group stock. The stock was sold at an average price of GBX 706, for a total value of £546,853.48.
• On Monday, July 6th, Vanessa Simms bought 23 shares of Land Securities Group stock. The shares were acquired at an average cost of GBX 653 per share, for a total transaction of £150.19.

Land Securities Group Trading Down 1.5%

Shares of LON:LAND opened at GBX 635.12 on Friday. The business’s 50-day moving average is GBX 686.45 and its 200 day moving average is GBX 635.05. 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 Plc has a 1 year low of GBX 525 and a 1 year high of GBX 726. The firm has a market capitalization of £4.73 billion, a P/E ratio of 13.84, a P/E/G ratio of 12.39 and a beta of 1.15.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Berenberg Bank restated a “buy” rating and set a GBX 897 price objective on shares of Land Securities Group in a report on Thursday, May 14th. Jefferies Financial Group reiterated an “underperform” rating and issued a GBX 462 target price on shares of Land Securities Group in a research note on Friday, May 15th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 730 price target on shares of Land Securities Group in a research note on Friday, May 15th. Six analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of GBX 641.33.

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.