Mark Allan Buys 24 Shares of Land Securities Group (LON:LAND) Stock

Land Securities Group Plc (LON:LAND) insider Mark Allan bought 24 shares of Land Securities Group stock in a transaction dated Thursday, December 4th. The stock was acquired at an average cost of GBX 620 per share, for a total transaction of £148.80.

Mark Allan also recently made the following trade(s):

• On Tuesday, November 4th, Mark Allan acquired 25 shares of Land Securities Group stock. The stock was acquired at an average price of GBX 617 per share, for a total transaction of £154.25.
• On Monday, October 6th, Mark Allan acquired 25 shares of Land Securities Group stock. The stock was acquired at an average cost of GBX 593 per share, for a total transaction of £148.25.

Land Securities Group Trading Up 0.7%

LAND traded up GBX 4 during trading on Friday, reaching GBX 618. 6,061,688 shares of the company’s stock were exchanged, compared to its average volume of 12,652,943. The company’s fifty day moving average price is GBX 613.72 and its 200-day moving average price is GBX 597.58. The firm has a market capitalization of £4.60 billion, a PE ratio of 11.66, a P/E/G ratio of 12.39 and a beta of 1.44. Land Securities Group Plc has a fifty-two week low of GBX 490.20 and a fifty-two week high of GBX 652.50. The company has a debt-to-equity ratio of 59.04, a quick ratio of 0.54 and a current ratio of 0.42.

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

Analysts Set New Price Targets

LAND has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. upped their price target on Land Securities Group from GBX 425 to GBX 440 and gave the company a “neutral” rating in a research note on Thursday, November 27th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 760 target price on shares of Land Securities Group in a research note on Tuesday, September 30th. Panmure Gordon upgraded shares of Land Securities Group to a “buy” rating and increased their target price for the stock from GBX 424 to GBX 494 in a report on Tuesday. Shore Capital reissued a “hold” rating on shares of Land Securities Group in a report on Friday, November 14th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Land Securities Group from GBX 760 to GBX 730 and set a “buy” rating for the company in a research report on Friday, November 14th. Four analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Land Securities Group currently 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.