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

Land Securities Group Plc (LON:LAND) has earned a consensus rating of “Moderate Buy” from the ten ratings firms that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and six have given a buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is GBX 641.33.

A number of equities research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 730 target price on shares of Land Securities Group in a research report on Friday, May 15th. UBS Group reiterated a “buy” rating and issued a GBX 705 price target on shares of Land Securities Group in a report on Monday, May 11th. Jefferies Financial Group reiterated an “underperform” rating and issued a GBX 462 price objective on shares of Land Securities Group in a research report on Friday, May 15th. Finally, Berenberg Bank reissued a “buy” rating and set a GBX 897 price objective on shares of Land Securities Group in a report on Thursday, May 14th.

Land Securities Group Stock Performance

LAND stock opened at GBX 712.50 on Friday. The company has a debt-to-equity ratio of 68.76, a current ratio of 1.04 and a quick ratio of 0.54. The company has a 50 day moving average price of GBX 672.43 and a 200 day moving average price of GBX 632.25. Land Securities Group has a fifty-two week low of GBX 522.50 and a fifty-two week high of GBX 726. The stock has a market capitalization of £5.31 billion, a PE ratio of 15.52, a price-to-earnings-growth ratio of 12.39 and a beta of 1.15.

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

Insider Activity at Land Securities Group

In related news, insider Mark Allan sold 53,273 shares of the business’s stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of GBX 706, for a total transaction of £376,107.38. Also, insider Vanessa Simms sold 77,458 shares of the business’s stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of GBX 706, for a total transaction of £546,853.48. In the last quarter, insiders have bought 94 shares of company stock valued at $59,990 and have sold 299,694 shares valued at $206,951,464. 0.53% of the stock is owned by 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.