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Land Securities Group (OTCMKTS:LSGOF) Shares Gap Up - Here's What Happened

Land Securities Group logo with Finance background
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Key Points

  • Shares gapped up pre-market, opening at $7.7767 after a $7.18 close and last trading at $7.7767 on a volume of 480 shares.
  • Goldman Sachs upgraded Land Securities from "hold" to "strong-buy" on March 29, and the stock's average analyst rating is listed as "Strong Buy."
  • Land Securities Group (Landsec) is one of the UK's largest commercial property developers and investors, with a portfolio concentrated in central London and other major urban markets.
  • Interested in Land Securities Group? Here are five stocks we like better.

Shares of Land Securities Group PLC (OTCMKTS:LSGOF - Get Free Report) gapped up prior to trading on Monday . The stock had previously closed at $7.18, but opened at $7.7767. Land Securities Group shares last traded at $7.7767, with a volume of 480 shares trading hands.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group raised shares of Land Securities Group from a "hold" rating to a "strong-buy" rating in a report on Sunday, March 29th. One analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, Land Securities Group has an average rating of "Strong Buy".

Get Our Latest Stock Analysis on LSGOF

Land Securities Group Price Performance

The stock has a 50-day moving average of $8.47 and a 200 day moving average of $8.29.

About Land Securities Group

(Get Free Report)

Land Securities Group OTCMKTS: LSGOF, commonly known as Landsec, is one of the United Kingdom's largest commercial property development and investment companies. The firm specializes in the acquisition, development, and management of a diversified real estate portfolio, which spans office spaces, retail centres, leisure venues and residential projects. Landsec's integrated approach combines property investment with active asset and estate management, aiming to enhance value through strategic redevelopment and sustainable building practices.

Landsec's portfolio is concentrated primarily in key urban markets across the UK, with a particular focus on central London, major regional towns and cities.

See Also

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