Land Securities Group (LON:LAND) Stock Keeps Hold Rating at Jefferies Financial Group

Land Securities Group (LON:LAND)‘s stock had its “hold” rating restated by analysts at Jefferies Financial Group in a note issued to investors on Thursday, Digital Look reports. They presently have a GBX 593 price objective on the stock. Jefferies Financial Group’s price objective suggests a potential downside of 9.12% from the stock’s previous close.

LAND has been the subject of several other reports. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Land Securities Group from GBX 730 to GBX 750 and gave the company a “buy” rating in a report on Monday, October 5th. Berenberg Bank lowered their price target on shares of Land Securities Group from GBX 931 to GBX 863 and set a “buy” rating on the stock in a report on Wednesday, October 14th. Six research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of GBX 654.33.

Land Securities Group Stock Performance

LON:LAND traded up GBX 2 during trading hours on Thursday, reaching GBX 652.50. The company had a trading volume of 63,110,523 shares, compared to its average volume of 26,756,002. Land Securities Group has a 1-year low of GBX 525 and a 1-year high of GBX 726. The firm has a market cap of £5.41 billion, a PE ratio of 14.22, a price-to-earnings-growth ratio of 12.39 and a beta of 1.15. The business’s 50 day moving average price is GBX 651.58 and its 200-day moving average price is GBX 640.05. The company has a debt-to-equity ratio of 68.76, a current ratio of 1.04 and a quick ratio of 0.54.

Insider Transactions at Land Securities Group

In other Land Securities Group news, insider Mark Allan sold 126,463 shares of the stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of GBX 706, for a total transaction of £892,828.78. Also, insider Vanessa Simms sold 77,458 shares of the stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of GBX 706, for a total value of £546,853.48. In the last ninety days, insiders purchased 69 shares of company stock valued at $44,598 and sold 257,194 shares valued at $181,578,964. Corporate insiders own 0.56% 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.