Land Securities Group (LON:LAND) Stock Rating Reaffirmed by Liberum Capital

Land Securities Group (LON:LAND)‘s stock had its “buy” rating reiterated by Liberum Capital in a research note issued to investors on Friday, Price Targets.com reports. They currently have a GBX 825 ($10.78) price target on the stock. Liberum Capital’s price objective points to a potential upside of 21.25% from the stock’s previous close.

Other research analysts have also recently issued reports about the stock. Peel Hunt restated an “add” rating and set a GBX 755 ($9.86) price target on shares of Land Securities Group in a report on Friday, July 9th. Jefferies Financial Group cut shares of Land Securities Group to a “hold” rating in a research note on Tuesday, July 6th. Finally, Peel Hunt reiterated an “add” rating and issued a GBX 755 ($9.86) target price on shares of Land Securities Group in a research note on Friday, July 9th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of GBX 772.50 ($10.09).

Land Securities Group stock opened at GBX 680.40 ($8.89) on Friday. Land Securities Group has a fifty-two week low of GBX 496.25 ($6.48) and a fifty-two week high of GBX 755.60 ($9.87). The stock has a market cap of £5.05 billion and a PE ratio of -3.62. The firm’s 50-day simple moving average is GBX 707.78 and its 200 day simple moving average is GBX 706.69. The company has a debt-to-equity ratio of 48.75, a quick ratio of 0.28 and a current ratio of 0.34.

In related news, insider Colette O’Shea sold 29,598 shares of the company’s stock in a transaction that occurred on Tuesday, July 27th. The shares were sold at an average price of GBX 694 ($9.07), for a total transaction of £205,410.12 ($268,369.64). Also, insider Madeleine Cosgrave bought 5,652 shares of the firm’s stock in a transaction that occurred on Monday, September 27th. The shares were purchased at an average cost of GBX 708 ($9.25) per share, for a total transaction of £40,016.16 ($52,281.37).

Land Securities Group Company Profile

At Landsec, we strive to connect communities, realise potential and deliver sustainable places. As one of the largest real estate companies in Europe, our £11.8 billion portfolio spans 24 million sq ft (as at 30 September 2020) of well-connected retail, leisure, workspace and residential hubs. From the iconic Piccadilly Lights in the West End and the regeneration of London's Victoria, to the creation of retail destinations at Westgate Oxford and Trinity Leeds, we own and manage some of the most successful and memorable real estate in the UK.

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Analyst Recommendations for Land Securities Group (LON:LAND)

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