Insider Buying: Land Securities Group (LON:LAND) Insider Purchases £154.75 in Stock

Land Securities Group Plc (LON:LAND) insider Mark Allan purchased 25 shares of the company’s stock in a transaction that occurred on Wednesday, March 4th. The shares were purchased at an average price of GBX 619 per share, for a total transaction of £154.75.

Mark Allan also recently made the following trade(s):

• On Wednesday, February 4th, Mark Allan acquired 22 shares of Land Securities Group stock. The stock was acquired at an average price of GBX 668 per share, with a total value of £146.96.
• On Monday, January 5th, Mark Allan bought 24 shares of Land Securities Group stock. The shares were bought at an average cost of GBX 618 per share, with a total value of £148.32.

Land Securities Group Price Performance

Shares of Land Securities Group stock opened at GBX 614 on Friday. Land Securities Group Plc has a 12 month low of GBX 490.20 and a 12 month high of GBX 678.50. The company has a debt-to-equity ratio of 72.33, a current ratio of 0.78 and a quick ratio of 0.54. The business has a 50 day simple moving average of GBX 644.07 and a two-hundred day simple moving average of GBX 611.46. The stock has a market capitalization of £4.57 billion, a P/E ratio of 18.44, a PEG ratio of 12.39 and a beta of 1.12.

Analyst Upgrades and Downgrades

LAND has been the subject of a number of analyst reports. Panmure Gordon upgraded Land Securities Group to a “buy” rating and upped their price target for the company from GBX 424 to GBX 494 in a research report on Tuesday, December 2nd. UBS Group reiterated a “buy” rating and set a GBX 725 price target on shares of Land Securities Group in a report on Friday, November 7th. Berenberg Bank decreased their target price on shares of Land Securities Group from GBX 917 to GBX 897 and set a “buy” rating on the stock in a research report on Monday, January 26th. JPMorgan Chase & Co. lifted their price target on shares of Land Securities Group from GBX 425 to GBX 440 and gave the company a “neutral” rating in a research report on Thursday, November 27th. Finally, Shore Capital Group reaffirmed a “hold” rating on shares of Land Securities Group in a report on Friday, November 14th. Five investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 644.43.

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.