Land Securities Group (LON:LAND) Stock Rating Reaffirmed as Hold by Jefferies Financial Group

Land Securities Group (LON:LAND)‘s stock had its “hold” rating reissued by Jefferies Financial Group in a research note issued on Thursday, October 15th, Digital Look reports. They currently have a GBX 593 price objective on the stock. Jefferies Financial Group‘s target price points to a potential downside of 9.88% from the company’s previous close.

A number of other research analysts also recently commented on LAND. Berenberg Bank reduced their price objective on shares of Land Securities Group from GBX 931 to GBX 863 and set a “buy” rating on the stock in a research note on Wednesday, October 14th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Land Securities Group from GBX 730 to GBX 750 and gave the stock a “buy” rating in a research report on Monday, October 5th. Six analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of GBX 654.33.

Land Securities Group Stock Up 0.6%

Shares of LAND stock traded up GBX 4 during mid-day trading on Thursday, reaching GBX 658. 3,707,870 shares of the company were exchanged, compared to its average volume of 26,144,840. The company has a debt-to-equity ratio of 68.76, a quick ratio of 0.54 and a current ratio of 1.04. The business’s 50 day simple moving average is GBX 648.34 and its 200 day simple moving average is GBX 641.96. The company has a market capitalization of £5.45 billion, a P/E ratio of 14.34, a P/E/G ratio of 12.39 and a beta of 1.15. Land Securities Group has a fifty-two week low of GBX 525 and a fifty-two week high of GBX 726.

Insiders Place Their Bets

In other Land Securities Group news, insider Mark Allan sold 126,463 shares of the stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of GBX 706, for a total transaction of £892,828.78. Also, insider Vanessa Simms sold 77,458 shares of the stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of GBX 706, for a total transaction of £546,853.48. In the last ninety days, insiders acquired 69 shares of company stock valued at $44,598 and sold 257,194 shares valued at $181,578,964. Insiders own 0.56% 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.