Land Securities Group Plc (LON:LAND) Receives Average Recommendation of "Moderate Buy" from Analysts

Key Points

• Analysts assign a consensus "Moderate Buy" rating to Land Securities based on eight firms (five buys, two holds, one sell), with an average 1‑year price target of GBX 644.43.
• Landsec stock opened at GBX 587.50, with a market cap of £4.38 billion, a P/E of 17.64 and a 52‑week range of GBX 490.20–678.50 (50‑day MA GBX 642.21; 200‑day MA GBX 612.36).
• Anne Richards purchased 16,497 shares at GBX 603 on Dec. 18, and insiders bought a total of 16,615 shares last quarter, now owning 0.53% of the company.

Land Securities Group Plc (LON:LAND - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the eight ratings firms that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is GBX 644.43.

LAND has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. lifted their target price on Land Securities Group from GBX 425 to GBX 440 and gave the company a "neutral" rating in a report on Thursday, November 27th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Land Securities Group from GBX 760 to GBX 730 and set a "buy" rating for the company in a research report on Friday, November 14th. Berenberg Bank reduced their price objective on shares of Land Securities Group from GBX 917 to GBX 897 and set a "buy" rating for the company in a research note on Monday, January 26th. Jefferies Financial Group reaffirmed an "underperform" rating and set a GBX 475 target price on shares of Land Securities Group in a report on Monday, November 17th. Finally, Peel Hunt lowered their target price on shares of Land Securities Group from GBX 760 to GBX 750 and set a "buy" rating on the stock in a research note on Tuesday, December 9th.

Land Securities Group Price Performance

Land Securities Group stock opened at GBX 587.50 on Thursday. The firm has a market capitalization of £4.38 billion, a P/E ratio of 17.64, a PEG ratio of 12.39 and a beta of 1.12. Land Securities Group has a one year low of GBX 490.20 and a one year high of GBX 678.50. 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 business has a fifty day moving average price of GBX 642.21 and a 200-day moving average price of GBX 612.36.

Insider Buying and Selling at Land Securities Group

In other Land Securities Group news, insider Anne Richards acquired 16,497 shares of the stock in a transaction that occurred on Thursday, December 18th. The shares were bought at an average price of GBX 603 per share, for a total transaction of £99,476.91. Insiders have acquired a total of 16,615 shares of company stock valued at $10,022,890 over the last quarter. Corporate insiders own 0.53% of the company's stock.

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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