Land Securities Group Plc (LON:LAND) Given Average Rating of "Moderate Buy" by Analysts

Key Points

• Analysts rate Land Securities Group “Moderate Buy”: Six of ten analysts recommend buying the stock, while three advise holding and one recommends selling. The average 12-month price target is GBX 641.33.
• Shares opened at GBX 714.50, near their 52-week high of GBX 726, giving the company a market capitalization of approximately £5.32 billion.
• The company reported quarterly earnings of GBX 51.40 per share and £892 million in revenue. Insiders have sold substantially more shares than they purchased over the past 90 days, including sales by two insiders totaling more than £922,000.

Shares of Land Securities Group Plc (LON:LAND - Get Free Report) have earned an average rating of "Moderate Buy" from the ten research firms that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and six have given a buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 641.33.

A number of equities research analysts have issued reports on LAND shares. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a GBX 730 price target on shares of Land Securities Group in a research note on Friday, May 15th. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 897 price objective 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 target price on shares of Land Securities Group in a research report on Monday, May 11th. Finally, Jefferies Financial Group reissued an "underperform" rating and set a GBX 462 target price on shares of Land Securities Group in a research note on Friday, May 15th.

Land Securities Group Stock Up 0.2%

Shares of LAND stock opened at GBX 714.50 on Friday. The company has a market capitalization of £5.32 billion, a price-to-earnings ratio of 15.57, a PEG ratio of 12.39 and a beta of 1.15. Land Securities Group has a one year low of GBX 522.50 and a one year high of GBX 726. The company's fifty day moving average price is GBX 665.88 and its 200-day moving average price is GBX 630.51. The company has a debt-to-equity ratio of 68.76, a current ratio of 1.04 and a quick ratio of 0.54.

Land Securities Group (LON:LAND - Get Free Report) last released its earnings results on Thursday, May 14th. The company reported GBX 51.40 earnings per share for the quarter. The company had revenue of £892 million for the quarter. Land Securities Group had a net margin of 38.45% and a return on equity of 5.29%. Sell-side analysts expect that Land Securities Group will post 49.8433829 EPS for the current fiscal year.

Insider Buying and Selling

In other news, insider Mark Allan sold 53,273 shares of the business's stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of GBX 706, for a total value of £376,107.38. Also, insider Vanessa Simms sold 77,458 shares of the company's stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of GBX 706, for a total transaction of £546,853.48. Over the last ninety days, insiders have acquired 94 shares of company stock valued at $59,990 and have sold 299,694 shares valued at $206,951,464. Company insiders own 0.53% 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.

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