Land Securities Group (LON:LAND) Price Target Raised to GBX 750

Land Securities Group (LON:LAND) had its price objective lifted by Deutsche Bank Aktiengesellschaft from GBX 730 to GBX 750 in a research note issued to investors on Monday, MarketBeat reports. They currently have a buy rating on the stock.

Separately, Jefferies Financial Group restated an “underperform” rating and set a GBX 462 price objective on shares of Land Securities Group in a report on Monday, September 28th. Six investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Land Securities Group currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 643.56.

Land Securities Group Price Performance

LON:LAND opened at GBX 612.50 on Monday. The company has a debt-to-equity ratio of 68.76, a current ratio of 1.04 and a quick ratio of 0.54. Land Securities Group has a one year low of GBX 525 and a one year high of GBX 726. The company has a fifty day moving average price of GBX 664.31 and a 200 day moving average price of GBX 636.11. The stock has a market cap of £5.07 billion, a P/E ratio of 13.34, a PEG ratio of 12.39 and a beta of 1.15.

Insider Buying and Selling

In related news, insider Mark Allan sold 53,273 shares of the company’s stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of GBX 706, for a total value of £376,107.38. Also, insider Vanessa Simms sold 77,458 shares of the firm’s stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of GBX 706, for a total value of £546,853.48. Over the last 90 days, insiders have bought 69 shares of company stock worth $44,598 and have sold 257,194 shares worth $181,578,964. Insiders own 0.56% of the company’s stock.

About Land Securities Group

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.