Land Securities Group’s (LAND) Buy Rating Reaffirmed at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reaffirmed their buy rating on shares of Land Securities Group (LON:LAND) in a research report sent to investors on Friday, Marketbeat Ratings reports. They currently have a GBX 730 price target on the stock.

Several other research analysts also recently weighed in on LAND. Berenberg Bank reissued a “buy” rating and issued a GBX 897 target price on shares of Land Securities Group in a research report on Thursday. Jefferies Financial Group reaffirmed an “underperform” rating and issued a GBX 462 price objective on shares of Land Securities Group in a research note on Friday. The Goldman Sachs Group upgraded shares of Land Securities Group to a “buy” rating and lowered their price objective for the stock from GBX 710 to GBX 690 in a research report on Monday, March 30th. UBS Group reissued a “buy” rating and set a GBX 705 target price on shares of Land Securities Group in a research note on Monday, May 11th. Finally, Citigroup reduced their target price on Land Securities Group from GBX 627 to GBX 604 and set a “neutral” rating for the company in a report on Thursday, April 2nd. Six investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 641.33.

Land Securities Group Trading Down 1.3%

LON:LAND opened at GBX 575.90 on Friday. The company has a quick ratio of 0.54, a current ratio of 1.04 and a debt-to-equity ratio of 68.76. Land Securities Group has a 1-year low of GBX 522.50 and a 1-year high of GBX 678.50. The firm has a market capitalization of £4.29 billion, a price-to-earnings ratio of 17.29, a price-to-earnings-growth ratio of 12.39 and a beta of 1.13. The stock has a fifty day simple moving average of GBX 582.33 and a 200 day simple moving average of GBX 612.75.

Land Securities Group (LON:LAND) last posted its quarterly earnings data on Thursday, May 14th. The company reported GBX 51.40 earnings per share (EPS) for the quarter. Land Securities Group had a return on equity of 5.29% and a net margin of 38.45%.The firm had revenue of £892 million for the quarter. Sell-side analysts forecast that Land Securities Group will post 49.8433829 earnings per share for the current year.

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.