Land Securities Group’s (LAND) Hold Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reissued their hold rating on shares of Land Securities Group (LON:LAND) in a research report report published on Thursday,Digital Look reports. Jefferies Financial Group currently has a GBX 593 price target on the stock.

Several other analysts have also weighed in on LAND. Deutsche Bank Aktiengesellschaft boosted their price objective on 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 cut their price objective on Land Securities Group from GBX 931 to GBX 863 and set a “buy” rating on the stock in a research note on Wednesday. Six analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, Land Securities Group currently has an average rating of “Moderate Buy” and a consensus price target of GBX 654.33.

Land Securities Group Price Performance

Land Securities Group stock opened at GBX 650.50 on Thursday. The company has a market cap of £5.39 billion, a P/E ratio of 14.17, a price-to-earnings-growth ratio of 12.39 and a beta of 1.15. The business has a fifty day moving average of GBX 651.58 and a two-hundred day moving average of GBX 639.41. 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 has a one year low of GBX 525 and a one year high of GBX 726.

Insiders Place Their Bets

In other Land Securities Group news, insider Mark Allan sold 126,463 shares of the business’s stock in a transaction on Tuesday, July 28th. The shares were 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 on Tuesday, July 28th. The stock was sold at an average price of GBX 706, for a total transaction of £546,853.48. In the last ninety days, insiders acquired 69 shares of company stock valued at $44,598 and sold 257,194 shares valued at $181,578,964. Insiders own 0.56% of the company’s stock.

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.