Land Securities Group (LON:LAND) Given Underperform Rating at Jefferies Financial Group

Jefferies Financial Group reaffirmed their underperform rating on shares of Land Securities Group (LON:LAND) in a research report released on Friday, MarketBeat reports. Jefferies Financial Group currently has a GBX 462 price target on the stock.

Several other research firms also recently commented on LAND. Citigroup cut their target price on Land Securities Group from GBX 627 to GBX 604 and set a “neutral” rating for the company in a research report on Thursday, April 2nd. Berenberg Bank reiterated a “buy” rating and issued a GBX 897 price target on shares of Land Securities Group in a research report on Thursday. The Goldman Sachs Group upgraded Land Securities Group to a “buy” rating and dropped their price objective for the stock from GBX 710 to GBX 690 in a research note on Monday, March 30th. Finally, UBS Group restated a “buy” rating and issued a GBX 705 target price on shares of Land Securities Group in a research note on Monday, May 11th. Six research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Land Securities Group has a consensus rating of “Moderate Buy” and a consensus target price of GBX 641.33.

Land Securities Group Stock Performance

LON LAND opened at GBX 575.90 on Friday. Land Securities Group has a twelve month low of GBX 522.50 and a twelve month high of GBX 678.50. The company has a quick ratio of 0.54, a current ratio of 1.04 and a debt-to-equity ratio of 68.76. The stock has a market cap of £4.29 billion, a P/E ratio of 17.29, a PEG ratio of 12.39 and a beta of 1.13. The company’s 50-day simple moving average is GBX 582.33 and its 200 day simple moving average is GBX 612.75.

Land Securities Group (LON:LAND) last announced its quarterly earnings results on Thursday, May 14th. The company reported GBX 51.40 EPS for the quarter. The firm had revenue of £892 million during the quarter. Land Securities Group had a net margin of 38.45% and a return on equity of 5.29%. As a group, research analysts forecast that Land Securities Group will post 49.8433829 earnings per share for the current fiscal year.

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.