Land Securities Group (LON:LAND) Stock Keeps “Hold” Rating at Jefferies Financial Group

Land Securities Group (LON:LAND)‘s stock had its “hold” rating restated by investment analysts at Jefferies Financial Group in a research note issued on Thursday, Digital Look reports. They presently have a GBX 593 target price on the stock. Jefferies Financial Group’s target price would suggest a potential downside of 8.98% from the stock’s previous close.

Other analysts also recently issued research reports about the company. Berenberg Bank decreased their price target on Land Securities Group from GBX 931 to GBX 863 and set a “buy” rating for the company in a research note on Wednesday. Deutsche Bank Aktiengesellschaft increased their price objective on Land Securities Group from GBX 730 to GBX 750 and gave the company a “buy” rating in a report on Monday, October 5th. Six equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of GBX 654.33.

Land Securities Group Trading Up 2.5%

Land Securities Group stock opened at GBX 651.50 on Thursday. The company has a debt-to-equity ratio of 68.76, a current ratio of 1.04 and a quick ratio of 0.54. The company has a market capitalization of £5.40 billion, a price-to-earnings ratio of 14.19, a PEG ratio of 12.39 and a beta of 1.15. Land Securities Group has a one year low of GBX 525 and a one year high of GBX 726. The company’s fifty day moving average price is GBX 652.86 and its two-hundred day moving average price is GBX 639.33.

Insiders Place Their Bets

In related news, insider Vanessa Simms sold 77,458 shares of the company’s stock in a transaction 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 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 transaction of £376,107.38. Over the last 90 days, insiders bought 69 shares of company stock valued at $44,598 and sold 257,194 shares valued at $181,578,964. 0.56% of the stock is currently owned by insiders.

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.