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

Land Securities Group Plc (LON:LAND) has been given a consensus recommendation of “Moderate Buy” by the ten brokerages that are currently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is GBX 641.33.

LAND has been the subject of several recent research reports. Jefferies Financial Group restated an “underperform” rating and set a GBX 462 target price on shares of Land Securities Group in a research report on Friday, May 15th. Berenberg Bank reiterated a “buy” rating and set a GBX 897 price target on shares of Land Securities Group in a research note on Thursday, May 14th. UBS Group reiterated a “buy” rating and set a GBX 705 price target on shares of Land Securities Group in a research note on Monday, May 11th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 730 price objective on shares of Land Securities Group in a research report on Friday, May 15th.

Land Securities Group Trading Down 1.0%

Shares of LON:LAND opened at GBX 703.72 on Friday. The stock has a market capitalization of £5.24 billion, a price-to-earnings ratio of 15.33, a PEG ratio of 12.39 and a beta of 1.15. The company has a debt-to-equity ratio of 68.76, a quick ratio of 0.54 and a current ratio of 1.04. The stock’s 50-day simple moving average is GBX 669.10 and its two-hundred day simple moving average is GBX 631.34. Land Securities Group has a 52-week low of GBX 522.50 and a 52-week high of GBX 726.

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

Insider Buying and Selling at Land Securities Group

In other Land Securities Group news, insider Mark Allan sold 126,463 shares of the company’s stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of GBX 706, for a total value of £892,828.78. Also, insider Vanessa Simms sold 77,458 shares of the firm’s stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of GBX 706, for a total value of £546,853.48. Over the last quarter, insiders have purchased 94 shares of company stock worth $59,990 and have sold 299,694 shares worth $206,951,464. 0.53% of the stock is currently 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.