Land Securities Group (LON:LAND) Stock Keeps “Hold” Rating at Jefferies Financial Group

Land Securities Group (LON:LAND – Get Free Report)‘s stock had its “hold” rating restated by research analysts at Jefferies Financial Group in a research report issued on Thursday, Digital Look reports. They presently have a GBX 593 price objective on the stock. Jefferies Financial Group’s price target indicates a potential downside of 9.05% from the company’s previous close.

LAND has been the subject of several other reports. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Land Securities Group from GBX 730 to GBX 750 and gave the stock a “buy” rating in a research report on Monday, October 5th. Berenberg Bank reduced their price target on shares of Land Securities Group from GBX 931 to GBX 863 and set a “buy” rating for the company in a research report on Wednesday. Six analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of GBX 654.33.

Read Our Latest Stock Report on Land Securities Group

Land Securities Group Stock Up 2.6%

Land Securities Group stock traded up GBX 16.50 during mid-day trading on Thursday, reaching GBX 652. 9,862,697 shares of the company’s stock were exchanged, compared to its average volume of 26,716,090. The company has a market cap of £5.40 billion, a P/E ratio of 14.20, a P/E/G ratio of 12.39 and a beta of 1.15. The company has a quick ratio of 0.54, a current ratio of 1.04 and a debt-to-equity ratio of 68.76. Land Securities Group has a twelve month low of GBX 525 and a twelve month high of GBX 726. The company has a fifty day moving average of GBX 654.09 and a 200-day moving average of GBX 638.44.

Insider Activity

In related news, insider Mark Allan sold 53,273 shares of the company’s stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of GBX 706, for a total transaction of £376,107.38. 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 value of £546,853.48. Over the last ninety days, insiders have acquired 69 shares of company stock worth $44,598 and have sold 257,194 shares worth $181,578,964. 0.56% of the stock is owned by company insiders.

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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