Mark Allan Purchases 23 Shares of Land Securities Group (LON:LAND) Stock

Land Securities Group Plc (LON:LAND) insider Mark Allan acquired 23 shares of the business’s stock in a transaction that occurred on Friday, September 4th. The shares were purchased at an average price of GBX 662 per share, with a total value of £152.26.

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

• On Tuesday, July 28th, Mark Allan sold 53,273 shares of Land Securities Group stock. The stock was sold at an average price of GBX 706, for a total transaction of £376,107.38.
• On Tuesday, July 28th, Mark Allan sold 126,463 shares of Land Securities Group stock. The shares were sold at an average price of GBX 706, for a total transaction of £892,828.78.
• On Monday, July 6th, Mark Allan purchased 23 shares of Land Securities Group stock. The stock was purchased at an average cost of GBX 653 per share, with a total value of £150.19.

Land Securities Group Trading Down 0.5%

Shares of LON LAND traded down GBX 3 during midday trading on Tuesday, reaching GBX 659.50. 2,305,823 shares of the stock were exchanged, compared to its average volume of 29,063,428. The company has a 50 day simple moving average of GBX 686.67 and a 200 day simple moving average of GBX 635.38. The stock has a market capitalization of £4.91 billion, a P/E ratio of 14.37, a PEG ratio of 12.39 and a beta of 1.15. The company has a debt-to-equity ratio of 68.76, a quick ratio of 0.54 and a current ratio of 1.04. Land Securities Group Plc has a twelve month low of GBX 525 and a twelve month high of GBX 726.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. UBS Group reissued a “buy” rating and set a GBX 705 target price on shares of Land Securities Group in a research note on Monday, May 11th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 897 price target on shares of Land Securities Group in a research note on Thursday, May 14th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 730 price target on shares of Land Securities Group in a report on Friday, May 15th. Finally, Jefferies Financial Group reissued an “underperform” rating and set a GBX 462 price objective on shares of Land Securities Group in a research report on Friday, May 15th. Six analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus 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.