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

Shares of Land Securities Group Plc (LON:LAND) have received a consensus rating of “Moderate Buy” from the ten research firms that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation and six have given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is GBX 641.33.

A number of research firms have recently issued reports on LAND. Jefferies Financial Group reissued an “underperform” rating and issued a GBX 462 price target on shares of Land Securities Group in a research report on Friday, May 15th. UBS Group reissued a “buy” rating and issued a GBX 705 price target on shares of Land Securities Group in a research report on Monday, May 11th. Berenberg Bank reissued a “buy” rating and issued a GBX 897 price target on shares of Land Securities Group in a research report on Thursday, May 14th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 730 price target on shares of Land Securities Group in a research report on Friday, May 15th. Finally, Citigroup reduced their price target on shares of 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.

Insider Buying and Selling

In related news, insider Mark Allan sold 42,500 shares of the stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of GBX 597, for a total value of £253,725. Insiders purchased a total of 99 shares of company stock valued at $59,838 in the last 90 days. Corporate insiders own 0.53% of the company’s stock.

Land Securities Group Price Performance

LON LAND opened at GBX 655.18 on Friday. The company has a 50 day simple moving average of GBX 616.96 and a 200-day simple moving average of GBX 615.63. 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 firm has a market capitalization of £4.88 billion, a price-to-earnings ratio of 14.27, a price-to-earnings-growth ratio of 12.39 and a beta of 1.15. Land Securities Group has a 52-week low of GBX 522.50 and a 52-week high of GBX 679.50.

Land Securities Group (LON:LAND) last posted its quarterly earnings results on Thursday, May 14th. The company reported GBX 51.40 earnings per share (EPS) for the quarter. The business 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%. Equities research analysts predict 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.