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

Land Securities Group (LON:LAND)‘s stock had its “hold” rating reaffirmed by Jefferies Financial Group in a note issued to investors on Thursday, Digital Look reports. They currently have a GBX 593 price objective on the stock. Jefferies Financial Group’s price target would indicate a potential downside of 8.84% from the company’s current price.

Other research analysts have also recently issued reports about the company. Berenberg Bank decreased their price target on Land Securities Group from GBX 931 to GBX 863 and set a “buy” rating on the stock in a research note on Wednesday. Deutsche Bank Aktiengesellschaft raised their price target on Land Securities Group from GBX 730 to GBX 750 and gave the stock a “buy” rating in a research report on Monday, October 5th. Six investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 654.33.

Land Securities Group Trading Down 0.2%

Shares of LAND stock traded down GBX 1 during trading hours on Thursday, hitting GBX 650.50. The company had a trading volume of 2,301,807 shares, compared to its average volume of 26,575,135. The company’s fifty day moving average is GBX 651.58 and its 200 day moving average 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. Land Securities Group has a fifty-two week low of GBX 525 and a fifty-two week high of GBX 726. The stock has a market capitalization of £5.39 billion, a PE ratio of 14.17, a price-to-earnings-growth ratio of 12.39 and a beta of 1.15.

Insider Transactions at Land Securities Group

In other news, insider Vanessa Simms sold 77,458 shares of the stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of GBX 706, for a total transaction of £546,853.48. Also, insider Mark Allan sold 53,273 shares of the firm’s stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of GBX 706, for a total transaction of £376,107.38. Over the last quarter, insiders have acquired 69 shares of company stock worth $44,598 and have sold 257,194 shares worth $181,578,964. 0.56% of the stock is owned by corporate insiders.

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.