Analysts Set Land Securities Group Plc (LON:LAND) Price Target at GBX 641.33

Land Securities Group Plc (LON:LAND) has been given an average rating of “Moderate Buy” by the ten analysts that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is GBX 641.33.

LAND has been the subject of several analyst reports. The Goldman Sachs Group raised Land Securities Group to a “buy” rating and reduced their price objective for the company from GBX 710 to GBX 690 in a research note on Monday, March 30th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 897 price objective on shares of Land Securities Group in a research note on Thursday, May 14th. Citigroup reduced their price objective on Land Securities Group from GBX 627 to GBX 604 and set a “neutral” rating for the company in a research note on Thursday, April 2nd. UBS Group reaffirmed a “buy” rating and set a GBX 705 price objective on shares of Land Securities Group in a research note on Monday, May 11th. Finally, Jefferies Financial Group reaffirmed an “underperform” rating and set a GBX 462 price objective on shares of Land Securities Group in a research note on Friday, May 15th.

Land Securities Group Stock Up 0.5%

Shares of LON LAND opened at GBX 642.02 on Tuesday. The stock has a market cap of £4.78 billion, a PE ratio of 19.28, a price-to-earnings-growth ratio of 12.39 and a beta of 1.13. The company has a quick ratio of 0.54, a current ratio of 1.04 and a debt-to-equity ratio of 68.76. Land Securities Group has a 52-week low of GBX 522.50 and a 52-week high of GBX 678.50. The business has a 50-day moving average price of GBX 587.80 and a 200 day moving average price of GBX 612.05.

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

Insider Buying and Selling

In other Land Securities Group news, insider Mark Allan sold 42,500 shares of the company’s stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of GBX 597, for a total transaction of £253,725. Over the last ninety days, insiders purchased 76 shares of company stock worth $45,361. 0.53% of the stock is owned by corporate insiders.

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.