Insider Buying: Land Securities Group (LON:LAND) Insider Buys 22 Shares of Stock

Land Securities Group Plc (LON:LAND) insider Vanessa Simms purchased 22 shares of Land Securities Group stock in a transaction that occurred on Wednesday, November 4th. The stock was bought at an average cost of GBX 684 per share, for a total transaction of £150.48.

Vanessa Simms also recently made the following trade(s):

• On Friday, September 4th, Vanessa Simms acquired 22 shares of Land Securities Group stock. The shares were bought at an average price of GBX 662 per share, with a total value of £145.64.

Land Securities Group Trading Up 0.6%

Land Securities Group stock traded up GBX 4 during trading hours on Thursday, hitting GBX 687.50. The company had a trading volume of 1,215,744 shares, compared to its average volume of 28,030,270. The firm has a market cap of £5.70 billion, a P/E ratio of 14.98, a P/E/G ratio of 12.39 and a beta of 1.15. The company has a debt-to-equity ratio of 68.76, a quick ratio of 0.54 and a current ratio of 1.04. Land Securities Group Plc has a 1 year low of GBX 525 and a 1 year high of GBX 726. The company has a 50-day moving average price of GBX 643.42 and a two-hundred day moving average price of GBX 637.90.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Berenberg Bank lowered their price target on Land Securities Group from GBX 931 to GBX 863 and set a “buy” rating for the company in a report on Wednesday, October 14th. Deutsche Bank Aktiengesellschaft raised their price objective on Land Securities Group from GBX 730 to GBX 750 and gave the stock a “buy” rating in a report on Monday, October 5th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 593 target price on shares of Land Securities Group in a research report on Thursday, October 15th. Six research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 654.33.

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.