Land Securities Group Plc (LON:LAND) Receives Consensus Recommendation of “Hold” from Analysts

Land Securities Group Plc (LON:LAND) has received an average recommendation of “Hold” from the seven research firms that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and three have given a buy recommendation to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is GBX 683.67 ($8.59).

A number of research firms recently commented on LAND. Berenberg Bank started coverage on Land Securities Group in a research report on Wednesday, January 10th. They set a “buy” rating and a GBX 807 ($10.14) price objective for the company. Barclays lifted their price target on shares of Land Securities Group from GBX 700 ($8.79) to GBX 730 ($9.17) and gave the stock an “overweight” rating in a report on Friday, May 3rd.

Land Securities Group Trading Up 2.9 %

Shares of LAND stock opened at GBX 686.50 ($8.62) on Friday. The stock has a market cap of £5.11 billion, a P/E ratio of -837.20, a P/E/G ratio of 12.39 and a beta of 1.45. The company has a quick ratio of 0.54, a current ratio of 0.49 and a debt-to-equity ratio of 56.72. Land Securities Group has a fifty-two week low of GBX 551.20 ($6.92) and a fifty-two week high of GBX 729.40 ($9.16). The business has a fifty day simple moving average of GBX 638.37 and a 200-day simple moving average of GBX 645.32.

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.