Insider Buying: Land Securities Group (LON:LAND) Insider Buys £152.26 in Stock

Land Securities Group Plc (LON:LAND) insider Mark Allan bought 23 shares of the stock in a transaction dated Friday, September 4th. The stock was bought at an average cost of GBX 662 per share, for a total transaction of £152.26.

Mark Allan also recently made the following trade(s):

• On Tuesday, July 28th, Mark Allan sold 53,273 shares of Land Securities Group stock. The shares were sold at an average price of GBX 706, for a total transaction of £376,107.38.
• On Tuesday, July 28th, Mark Allan sold 126,463 shares of Land Securities Group stock. The shares were sold at an average price of GBX 706, for a total transaction of £892,828.78.
• On Monday, July 6th, Mark Allan purchased 23 shares of Land Securities Group stock. The stock was bought at an average price of GBX 653 per share, for a total transaction of £150.19.

Land Securities Group Stock Down 1.5%

Shares of LAND stock opened at GBX 635.12 on Friday. The stock has a market cap of £4.73 billion, a P/E ratio of 13.84, a PEG ratio of 12.39 and a beta of 1.15. Land Securities Group Plc has a 52 week low of GBX 525 and a 52 week high of GBX 726. 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’s fifty day simple moving average is GBX 686.45 and its two-hundred day simple moving average is GBX 635.05.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on LAND. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 730 target price on shares of Land Securities Group in a research report on Friday, May 15th. Berenberg Bank restated a “buy” rating and set a GBX 897 price target on shares of Land Securities Group in a report on Thursday, May 14th. Finally, Jefferies Financial Group reaffirmed an “underperform” rating and issued a GBX 462 price objective on shares of Land Securities Group in a research note on Friday, May 15th. Six equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 641.33.

Land Securities Group Company Profile

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.