Land Securities Group (LON:LAND) Announces Earnings Results

Land Securities Group (LON:LANDGet Free Report) issued its quarterly earnings results on Friday. The company reported GBX 25.80 earnings per share for the quarter, Digital Look Earnings reports. Land Securities Group had a negative net margin of 38.71% and a negative return on equity of 4.88%.

Land Securities Group Stock Performance

Shares of Land Securities Group stock traded down GBX 29.50 during trading on Friday, hitting GBX 617.50. 306,268,844 shares of the stock were exchanged, compared to its average volume of 10,957,504. The company has a current ratio of 0.42, a quick ratio of 0.54 and a debt-to-equity ratio of 59.04. The company has a fifty day moving average price of GBX 601.09 and a 200-day moving average price of GBX 597.15. The stock has a market capitalization of £4.60 billion, a price-to-earnings ratio of 11.65, a price-to-earnings-growth ratio of 12.39 and a beta of 1.44. Land Securities Group has a 1-year low of GBX 490.20 and a 1-year high of GBX 652.50.

Analysts Set New Price Targets

A number of research analysts recently weighed in on LAND shares. UBS Group reaffirmed a “buy” rating and issued a GBX 725 target price on shares of Land Securities Group in a research report on Friday, November 7th. Peel Hunt restated a “buy” rating and issued a GBX 760 price objective on shares of Land Securities Group in a report on Tuesday, September 30th. Finally, Shore Capital reaffirmed a “hold” rating on shares of Land Securities Group in a research report on Friday. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Land Securities Group has an average rating of “Moderate Buy” and a consensus price target of GBX 699.60.

Get Our Latest Research Report on LAND

Land Securities Group Company Profile

(Get Free Report)

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.

Further Reading

Earnings History for Land Securities Group (LON:LAND)

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