Land Securities Group’s (LAND) “Underperform” Rating Reaffirmed at Jefferies Financial Group

Jefferies Financial Group reissued their underperform rating on shares of Land Securities Group (LON:LAND) in a research note published on Monday, Marketbeat reports. The firm currently has a GBX 462 price objective on the stock.

Land Securities Group Price Performance

Shares of LAND opened at GBX 619.50 on Monday. The company has a current ratio of 1.04, a quick ratio of 0.54 and a debt-to-equity ratio of 68.76. Land Securities Group has a 1 year low of GBX 525 and a 1 year high of GBX 726. The stock has a market cap of £4.62 billion, a P/E ratio of 13.50, a price-to-earnings-growth ratio of 12.39 and a beta of 1.15. The stock’s 50-day moving average price is GBX 675.69 and its two-hundred day moving average price is GBX 634.64.

Insider Buying and Selling

In related news, insider Mark Allan sold 53,273 shares of the business’s stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of GBX 706, for a total transaction of £376,107.38. Also, insider Vanessa Simms sold 77,458 shares of the business’s stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of GBX 706, for a total transaction of £546,853.48. Over the last quarter, insiders purchased 91 shares of company stock worth $59,828 and sold 257,194 shares worth $181,578,964. Company insiders own 0.55% of the company’s stock.

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.