Barclays Raises Land Securities Group (LON:LAND) Price Target to GBX 730

Land Securities Group (LON:LAND) had its price objective lifted by Barclays from GBX 700 ($8.79) to GBX 730 ($9.17) in a research report sent to investors on Friday, Marketbeat reports. They currently have an overweight rating on the stock.

Separately, Berenberg Bank began coverage on Land Securities Group in a research note on Wednesday, January 10th. They issued a buy rating and a GBX 807 ($10.14) price target on the stock. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of Hold and an average price target of GBX 683.67 ($8.59).

Land Securities Group Stock Up 1.4 %

LON LAND opened at GBX 667 ($8.38) on Friday. Land Securities Group has a 1-year low of GBX 551.20 ($6.92) and a 1-year high of GBX 729.40 ($9.16). The company has a current ratio of 0.49, a quick ratio of 0.54 and a debt-to-equity ratio of 56.72. The stock’s 50 day moving average is GBX 636.15 and its two-hundred day moving average is GBX 643.83. The company has a market capitalization of £4.97 billion, a price-to-earnings ratio of -813.41, a PEG ratio of 12.39 and a beta of 1.45.

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.