Land Securities Group (OTCMKTS:LSGOF – Get Free Report) was upgraded by investment analysts at Jefferies Financial Group from a “moderate sell” rating to a “hold” rating in a report issued on Wednesday, Zacks reports.
Land Securities Group Trading Up 6.4%
Shares of LSGOF opened at $8.68 on Wednesday. Land Securities Group has a twelve month low of $7.04 and a twelve month high of $9.72. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.57. The firm’s 50 day moving average price is $9.02 and its two-hundred day moving average price is $8.64.
About Land Securities Group
Land Securities Group plc, commonly known as Landsec, is a United Kingdom-based real estate company that develops, owns and manages commercial and mixed-use property. Its activities include office buildings, retail destinations, leisure facilities and large-scale urban neighborhoods.
The company’s portfolio is concentrated primarily in London and other major areas of the United Kingdom. Landsec works across the property lifecycle, including development, asset management, leasing and the operation of properties for business, retail and leisure occupiers.
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