Land Securities Group Plc (LON:LAND) Stock Has Average Target Price of GBX 641.33

Land Securities Group Plc (LON:LAND) has been assigned a consensus recommendation of “Moderate Buy” from the ten brokerages that are presently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is GBX 641.33.

Separately, Jefferies Financial Group reissued an “underperform” rating and issued a GBX 462 price target on shares of Land Securities Group in a report on Monday.

Land Securities Group Stock Performance

LON:LAND opened at GBX 624.50 on Monday. The business’s fifty day moving average is GBX 672.66 and its 200 day moving average is GBX 635.09. The firm has a market cap of £4.65 billion, a price-to-earnings ratio of 13.61, a PEG 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 has a 52-week low of GBX 525 and a 52-week high of GBX 726.

Insider Activity at Land Securities Group

In other Land Securities Group news, insider Vanessa Simms sold 77,458 shares of the stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of GBX 706, for a total value of £546,853.48. Also, insider Mark Allan sold 126,463 shares of the firm’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. In the last ninety days, insiders have purchased 91 shares of company stock valued at $59,828 and have sold 257,194 shares valued at $181,578,964. 0.55% of the stock is currently owned by 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.