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

Key Points

• Analysts give Land Securities a consensus rating of Moderate Buy from 10 firms (1 sell, 3 hold, 6 buy) with an average 12‑month price target of GBX 645.
• Recent broker moves show mixed sentiment and lower targets—Berenberg cut its target to GBX 897, Goldman Sachs lowered to GBX 690 while upgrading to buy, and Citigroup trimmed its target to GBX 604.
• Shares opened at GBX 591, with 50‑day/200‑day SMAs of GBX 594/615; the company has a £4.4bn market cap, P/E of 17.75, debt‑to‑equity of 72.33, and a one‑year range of GBX 522.50–678.50.

Land Securities Group Plc (LON:LAND - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the ten research firms that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is GBX 645.

A number of brokerages recently weighed in on LAND. Berenberg Bank lowered their price target on shares of Land Securities Group from GBX 917 to GBX 897 and set a "buy" rating for the company in a report on Monday, January 26th. The Goldman Sachs Group upgraded Land Securities Group to a "buy" rating and decreased their price objective for the company from GBX 710 to GBX 690 in a research report on Monday, March 30th. Finally, Citigroup lowered their target price on Land Securities Group from GBX 627 to GBX 604 and set a "neutral" rating for the company in a research note on Thursday, April 2nd.

Land Securities Group Price Performance

Shares of LAND stock opened at GBX 591 on Friday. The stock's fifty day simple moving average is GBX 594.18 and its 200 day simple moving average is GBX 615.57. The company has a debt-to-equity ratio of 72.33, a current ratio of 0.78 and a quick ratio of 0.54. The firm has a market cap of £4.40 billion, a price-to-earnings ratio of 17.75, a P/E/G ratio of 12.39 and a beta of 1.14. Land Securities Group has a one year low of GBX 522.50 and a one year high of GBX 678.50.

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.

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