Land Securities Group (OTCMKTS:LSGOF) Shares Gap Up – Here’s What Happened

Land Securities Group PLC (OTCMKTS:LSGOF)’s share price gapped up prior to trading on Monday . The stock had previously closed at $7.9675, but opened at $8.43. Land Securities Group shares last traded at $8.43, with a volume of 153 shares.

Analysts Set New Price Targets

LSGOF has been the subject of a number of recent research reports. The Goldman Sachs Group upgraded Land Securities Group from a “hold” rating to a “strong-buy” rating in a report on Sunday, March 29th. Jefferies Financial Group downgraded Land Securities Group from a “moderate sell” rating to a “strong sell” rating in a research report on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy”.

Land Securities Group Trading Up 5.8%

The stock has a 50 day moving average of $7.89 and a 200-day moving average of $8.29.

Land Securities Group Company Profile

Land Securities Group (OTCMKTS:LSGOF), commonly known as Landsec, is one of the United Kingdom’s largest commercial property development and investment companies. The firm specializes in the acquisition, development, and management of a diversified real estate portfolio, which spans office spaces, retail centres, leisure venues and residential projects. Landsec’s integrated approach combines property investment with active asset and estate management, aiming to enhance value through strategic redevelopment and sustainable building practices.

Landsec’s portfolio is concentrated primarily in key urban markets across the UK, with a particular focus on central London, major regional towns and cities.