Land Securities Group Plc (LON:LAND) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Land Securities Group Plc (LON:LAND) have been given a consensus rating of “Moderate Buy” by the ten research firms that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is GBX 645.

A number of brokerages have recently issued reports on LAND. The Goldman Sachs Group raised Land Securities Group to a “buy” rating and cut their target price for the stock from GBX 710 to GBX 690 in a research report on Monday, March 30th. Citigroup lowered their target price on Land Securities Group from GBX 627 to GBX 604 and set a “neutral” rating on the stock in a research note on Thursday, April 2nd. Finally, Berenberg Bank lowered their target price on Land Securities Group from GBX 917 to GBX 897 and set a “buy” rating on the stock in a research note on Monday, January 26th.

Land Securities Group Trading Up 2.3%

Shares of Land Securities Group stock opened at GBX 590 on Friday. The company has a quick ratio of 0.54, a current ratio of 0.78 and a debt-to-equity ratio of 72.33. The firm has a market cap of £4.40 billion, a price-to-earnings ratio of 17.72, a price-to-earnings-growth ratio of 12.39 and a beta of 1.14. The business has a fifty day simple moving average of GBX 592.33 and a 200-day simple moving average of GBX 615.46. Land Securities Group has a fifty-two week low of GBX 522.50 and a fifty-two week high of GBX 678.50.

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.