Land Securities Group (LON:LAND) Insider Mark Allan Buys 24 Shares of Company Stock

Land Securities Group Plc (LON:LAND) insider Mark Allan purchased 24 shares of the stock in a transaction dated Monday, October 5th. The stock was bought at an average cost of GBX 617 per share, with a total value of £148.08.

Mark Allan also recently made the following trade(s):

• On Friday, September 4th, Mark Allan acquired 23 shares of Land Securities Group stock. The shares were purchased at an average cost of GBX 662 per share, for a total transaction of £152.26.
• On Tuesday, July 28th, Mark Allan sold 53,273 shares of Land Securities Group stock. The shares were sold at an average price of GBX 706, for a total transaction of £376,107.38.
• On Tuesday, July 28th, Mark Allan sold 126,463 shares of Land Securities Group stock. The shares were sold at an average price of GBX 706, for a total transaction of £892,828.78.

Land Securities Group Stock Down 0.2%

Shares of Land Securities Group stock opened at GBX 617.50 on Wednesday. The company has a debt-to-equity ratio of 68.76, a quick ratio of 0.54 and a current ratio of 1.04. The stock has a market capitalization of £4.60 billion, a PE ratio of 13.45, a price-to-earnings-growth ratio of 12.39 and a beta of 1.15. Land Securities Group Plc has a 52-week low of GBX 525 and a 52-week high of GBX 726. The company has a 50-day simple moving average of GBX 666.21 and a two-hundred day simple moving average of GBX 635.75.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Land Securities Group from GBX 730 to GBX 750 and gave the stock a “buy” rating in a report on Monday. Jefferies Financial Group reissued an “underperform” rating and issued a GBX 462 target price on shares of Land Securities Group in a report on Monday, September 28th. Six research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of GBX 643.56.

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.