Land Securities Group (LON:LAND) Stock Price Target Lowered at Berenberg Bank

Land Securities Group (LON:LAND – Get Free Report) had its price objective cut by equities researchers at Berenberg Bank from GBX 931 to GBX 863 in a research note issued to investors on Wednesday, Digital Look reports. The firm currently has a “buy” rating on the stock. Berenberg Bank’s target price would indicate a potential upside of 36.88% from the stock’s previous close.

Other equities research analysts also recently issued research reports about the company. Deutsche Bank Aktiengesellschaft increased their price objective on Land Securities Group from GBX 730 to GBX 750 and gave the stock a “buy” rating in a research report on Monday, October 5th. Jefferies Financial Group reaffirmed an “underperform” rating and issued a GBX 462 target price on shares of Land Securities Group in a research note on Monday, September 28th. Six equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of GBX 639.78.

Check Out Our Latest Report on Land Securities Group

Land Securities Group Stock Up 1.9%

Land Securities Group stock opened at GBX 630.50 on Wednesday. The company has a quick ratio of 0.54, a current ratio of 1.04 and a debt-to-equity ratio of 68.76. The company has a market capitalization of £5.22 billion, a P/E ratio of 13.74, a P/E/G ratio of 12.39 and a beta of 1.15. The firm has a 50 day moving average price of GBX 655.82 and a 200-day moving average price of GBX 637.81. Land Securities Group has a twelve month low of GBX 525 and a twelve month high of GBX 726.

Insider Transactions at Land Securities Group

In other Land Securities Group news, insider Vanessa Simms sold 77,458 shares of Land Securities Group 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. Also, insider Mark Allan sold 126,463 shares of the company’s stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of GBX 706, for a total transaction of £892,828.78. Over the last three months, insiders have purchased 69 shares of company stock valued at $44,598 and have sold 257,194 shares valued at $181,578,964. Company insiders own 0.56% of the company’s stock.

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.

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Analyst Recommendations for Land Securities Group (LON:LAND)

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