Land Securities Group (LON:LAND) PT Raised to GBX 730 at Barclays

Land Securities Group (LON:LAND) had its price objective lifted by analysts at Barclays from GBX 700 ($8.79) to GBX 730 ($9.17) in a report issued on Friday, MarketBeat Ratings reports. The brokerage currently has an “overweight” rating on the stock. Barclays‘s price target suggests a potential upside of 9.45% from the company’s current price.

Separately, Berenberg Bank began coverage on shares of Land Securities Group in a research note on Wednesday, January 10th. They issued a “buy” rating and a GBX 807 ($10.14) price target on the stock. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, Land Securities Group currently has a consensus rating of “Hold” and a consensus target price of GBX 683.67 ($8.59).

Land Securities Group Stock Performance

LAND opened at GBX 667 ($8.38) on Friday. The firm’s fifty day simple moving average is GBX 636.15 and its two-hundred day simple moving average is GBX 643.40. The company has a quick ratio of 0.54, a current ratio of 0.49 and a debt-to-equity ratio of 56.72. The company has a market cap of £4.97 billion, a price-to-earnings ratio of -813.41, a PEG ratio of 12.39 and a beta of 1.45. Land Securities Group has a 52-week low of GBX 551.20 ($6.92) and a 52-week high of GBX 729.40 ($9.16).

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.