Land Securities Group (LON:LAND) Insider Buys £148.80 in Stock

Land Securities Group Plc (LON:LAND) insider Vanessa Simms purchased 24 shares of Land Securities Group stock in a transaction that occurred on Thursday, December 4th. The stock was acquired at an average cost of GBX 620 per share, with a total value of £148.80.

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

• On Tuesday, November 4th, Vanessa Simms acquired 24 shares of Land Securities Group stock. The stock was acquired at an average cost of GBX 617 per share, for a total transaction of £148.08.
• On Monday, October 6th, Vanessa Simms acquired 26 shares of Land Securities Group stock. The stock was acquired at an average price of GBX 593 per share, with a total value of £154.18.

Land Securities Group Trading Up 0.7%

Shares of LAND stock opened at GBX 618 on Monday. Land Securities Group Plc has a 1-year low of GBX 490.20 and a 1-year high of GBX 652.50. The company has a market cap of £4.60 billion, a price-to-earnings ratio of 18.56, a PEG ratio of 12.39 and a beta of 1.44. The company has a debt-to-equity ratio of 59.04, a current ratio of 0.42 and a quick ratio of 0.54. The stock has a 50 day simple moving average of GBX 614.49 and a 200-day simple moving average of GBX 597.45.

Land Securities Group (LON:LAND) last issued its quarterly earnings results on Friday, November 14th. The company reported GBX 25.80 EPS for the quarter. Land Securities Group had a negative net margin of 38.71% and a negative return on equity of 4.88%. On average, equities research analysts expect that Land Securities Group Plc will post 49.8433829 EPS for the current fiscal year.

Analysts Set New Price Targets

LAND has been the subject of several research analyst reports. Jefferies Financial Group restated an “underperform” rating and set a GBX 475 price target on shares of Land Securities Group in a research report on Monday, November 17th. Deutsche Bank Aktiengesellschaft cut their price objective on Land Securities Group from GBX 760 to GBX 730 and set a “buy” rating for the company in a research note on Friday, November 14th. Peel Hunt reissued a “buy” rating and set a GBX 760 target price on shares of Land Securities Group in a report on Tuesday, September 30th. Shore Capital reaffirmed a “hold” rating on shares of Land Securities Group in a research note on Friday, November 14th. Finally, UBS Group reiterated a “buy” rating and set a GBX 725 price target on shares of Land Securities Group in a research report on Friday, November 7th. Four equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of GBX 604.

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.