Land Securities Group Plc (OTCMKTS:LDSCY – Get Free Report) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 5,886 shares. Based on an average daily volume of 348,336 shares, the days-to-cover ratio is currently 0.0 days.
Analyst Ratings Changes
LDSCY has been the topic of a number of recent analyst reports. Jefferies Financial Group raised shares of Land Securities Group to a “hold” rating in a research report on Wednesday, October 14th. Barclays reissued an “overweight” rating on shares of Land Securities Group in a research note on Monday, August 24th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold”.
Check Out Our Latest Stock Report on Land Securities Group
Land Securities Group Stock Performance
OTCMKTS LDSCY traded up $0.06 during trading on Friday, hitting $8.98. The stock had a trading volume of 97,139 shares, compared to its average volume of 108,413. The firm has a 50 day moving average price of $8.63 and a 200 day moving average price of $8.62. Land Securities Group has a twelve month low of $6.88 and a twelve month high of $9.98.
About Land Securities Group
Land Securities Group plc, commonly known as Landsec, is a United Kingdom-based commercial property company. It owns, develops, and manages a diversified portfolio of office, retail, leisure, and mixed-use properties, with a particular focus on major urban locations.
The company’s activities include property investment, development, asset management, and the creation of mixed-use destinations that combine workplaces, shops, restaurants, entertainment venues, and residential accommodation.
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