Land Securities Group (LON:LAND) Insider Buys £148.25 in Stock

Key Points

• Insider Activity: Mark Allan, an insider at Land Securities Group, purchased 25 shares at GBX 593 each for a total of £148.25 on October 6th, following previous purchases and a significant sale of 154,631 shares in July.
• Stock Performance: Land Securities Group currently has a market capitalization of £4.38 billion, with shares trading around GBX 588.50 and a P/E ratio of 1,110.38.
• Analyst Ratings: The company's stock has a consensus rating of "Hold" from analysts, with target prices from two firms ranging between GBX 710 and GBX 760.

Land Securities Group Plc (LON:LAND - Get Free Report) insider Mark Allan acquired 25 shares of the stock in a transaction that occurred on Monday, October 6th. The stock was purchased at an average cost of GBX 593 per share, with a total value of £148.25.

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

• On Thursday, September 4th, Mark Allan bought 28 shares of Land Securities Group stock. The shares were bought at an average cost of GBX 540 per share, with a total value of £151.20.
• On Monday, July 28th, Mark Allan sold 154,631 shares of Land Securities Group stock. The stock was sold at an average price of GBX 590, for a total value of £912,322.90.

Land Securities Group Stock Performance

Shares of LON LAND opened at GBX 588.50 on Wednesday. The company has a current ratio of 0.42, a quick ratio of 0.54 and a debt-to-equity ratio of 59.04. The stock has a 50 day simple moving average of GBX 568.51 and a 200-day simple moving average of GBX 582.35. The company has a market cap of £4.38 billion, a PE ratio of 1,110.38, a P/E/G ratio of 12.39 and a beta of 1.44. Land Securities Group Plc has a 12-month low of GBX 490.20 and a 12-month high of GBX 662.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. JPMorgan Chase & Co. reissued a "neutral" rating and set a GBX 710 target price on shares of Land Securities Group in a research note on Friday, July 11th. Peel Hunt reaffirmed a "buy" rating and issued a GBX 760 price target on shares of Land Securities Group in a research note on Tuesday, September 30th. Two equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of GBX 693.25.

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.

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