Land Securities Group (OTCMKTS:LDSCY) Shares Up 0.6% – What’s Next?

Land Securities Group Plc (OTCMKTS:LDSCY) shares were up 0.6% during trading on Monday . The stock traded as high as $8.53 and last traded at $8.50. 158,776 shares were traded during mid-day trading, an increase of 55% from the average session volume of 102,192 shares. The stock had previously closed at $8.45.

Analyst Upgrades and Downgrades

Separately, Barclays reissued an “overweight” rating on shares of Land Securities Group in a research note on Monday, August 24th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Land Securities Group currently has an average rating of “Moderate Buy”.

Land Securities Group Price Performance

The stock has a 50 day moving average of $9.27 and a 200 day moving average of $8.58.

About Land Securities Group

Land Securities Group plc, commonly known as Landsec, is a leading UK-based real estate investment trust focused on commercial property development, investment and management. The company’s portfolio spans retail destinations, office buildings, leisure complexes and mixed-use urban schemes. Landsec leverages its in-house expertise in asset management, leasing and property operations to optimize occupancy and enhance the customer experience across its holdings.

Landsec’s core activities include the development of purpose-built office spaces designed to meet evolving tenant requirements, the repositioning of underperforming retail assets and the creation of destination leisure and entertainment districts.