Land Securities Group’s (LAND) “Hold” Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group restated their hold rating on shares of Land Securities Group (LON:LAND) in a research note published on Tuesday, Marketbeat Ratings reports. The firm currently has a GBX 550 ($6.87) price target on the stock.

Several other analysts have also recently commented on the company. Berenberg Bank dropped their price target on Land Securities Group from GBX 755 ($9.44) to GBX 746 ($9.32) and set a “buy” rating for the company in a research report on Wednesday, December 4th. Shore Capital reaffirmed a “hold” rating on shares of Land Securities Group in a report on Tuesday.

Land Securities Group Trading Down 1.8 %

Shares of Land Securities Group stock opened at GBX 565.66 ($7.07) on Tuesday. Land Securities Group has a twelve month low of GBX 556.50 ($6.96) and a twelve month high of GBX 729.40 ($9.12). The firm’s 50-day moving average price is GBX 606.45 and its 200 day moving average price is GBX 628.08. The company has a current ratio of 0.42, a quick ratio of 0.54 and a debt-to-equity ratio of 58.63. The firm has a market capitalization of £4.21 billion, a PE ratio of -1,315.49, a P/E/G ratio of 12.39 and a beta of 1.44.

Land Securities Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Thursday, November 28th will be paid a dividend of GBX 9.40 ($0.12) per share. The ex-dividend date of this dividend is Thursday, November 28th. This represents a yield of 1.62%. This is a positive change from Land Securities Group’s previous dividend of $9.20. Land Securities Group’s payout ratio is -9,302.33%.

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.