Land Securities Group’s (LAND) Underperform Rating Reiterated at Jefferies Financial Group

Land Securities Group (LON:LAND)‘s stock had its “underperform” rating reissued by equities research analysts at Jefferies Financial Group in a report issued on Monday, MarketBeat Ratings reports. They presently have a GBX 462 price objective on the stock. Jefferies Financial Group’s price objective suggests a potential downside of 25.84% from the stock’s current price.

Land Securities Group Stock Up 1.0%

LAND traded up GBX 6 during trading on Monday, hitting GBX 623. 300,671,656 shares of the company’s stock traded hands, compared to its average volume of 29,425,896. The stock has a market capitalization of £4.64 billion, a price-to-earnings ratio of 13.57, a PEG ratio of 12.39 and a beta of 1.15. The company’s 50 day simple moving average is GBX 674.18 and its two-hundred day simple moving average is GBX 634.83. Land Securities Group has a 12-month low of GBX 525 and a 12-month high of GBX 726. The company has a current ratio of 1.04, a quick ratio of 0.54 and a debt-to-equity ratio of 68.76.

Insider Buying and Selling

In related news, insider Vanessa Simms sold 77,458 shares of the business’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 £546,853.48. Also, insider Mark Allan sold 53,273 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 £376,107.38. Over the last quarter, insiders bought 91 shares of company stock valued at $59,828 and sold 257,194 shares valued at $181,578,964. Insiders own 0.55% of the company’s stock.

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.