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

Land Securities Group (LON:LAND)‘s stock had its “underperform” rating reiterated by investment analysts at Jefferies Financial Group in a research report issued on Monday, September 28th, Marketbeat reports. They currently have a GBX 462 price objective on the stock. Jefferies Financial Group’s price objective indicates a potential downside of 25.30% from the stock’s current price.

Land Securities Group Trading Up 0.6%

Shares of Land Securities Group stock traded up GBX 3.50 on Monday, hitting GBX 618.50. 10,610,366 shares of the company’s stock traded hands, compared to its average volume of 27,552,119. The company has a fifty day moving average of GBX 669.61 and a two-hundred day moving average of GBX 635.39. Land Securities Group has a one year low of GBX 525 and a one year high of GBX 726. The company has a market capitalization of £4.61 billion, a price-to-earnings ratio of 13.47, a price-to-earnings-growth ratio of 12.39 and a beta of 1.15. The company has a debt-to-equity ratio of 68.76, a current ratio of 1.04 and a quick ratio of 0.54.

Insiders Place Their Bets

In other Land Securities Group news, 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 value of £892,828.78. Also, insider Vanessa Simms sold 77,458 shares of Land Securities Group stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of GBX 706, for a total transaction of £546,853.48. Insiders have sold a total of 257,194 shares of company stock worth $181,578,964 in the last quarter. 0.55% of the stock is owned by corporate insiders.

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.