Land Securities Group (OTCMKTS:LSGOF) Hits New 12-Month High – Here’s What Happened

Land Securities Group PLC (OTCMKTS:LSGOF)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $9.72 and last traded at $9.72, with a volume of 1199 shares traded. The stock had previously closed at $9.6550.

Analysts Set New Price Targets

Separately, Jefferies Financial Group downgraded Land Securities Group from a “moderate sell” rating to a “strong sell” rating in a research note on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Land Securities Group Price Performance

The company has a fifty day simple moving average of $8.93 and a 200-day simple moving average of $8.56. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.57.

Land Securities Group Company Profile

Land Securities Group (OTCMKTS:LSGOF), commonly known as Landsec, is one of the United Kingdom’s largest commercial property development and investment companies. The firm specializes in the acquisition, development, and management of a diversified real estate portfolio, which spans office spaces, retail centres, leisure venues and residential projects. Landsec’s integrated approach combines property investment with active asset and estate management, aiming to enhance value through strategic redevelopment and sustainable building practices.

Landsec’s portfolio is concentrated primarily in key urban markets across the UK, with a particular focus on central London, major regional towns and cities.