Land Securities Group (LON:LAND – Get Rating)‘s stock had its “overweight” rating reissued by research analysts at Barclays in a report released on Friday, Marketbeat Ratings reports. They presently have a GBX 780 ($9.42) price target on the stock. Barclays‘s price target suggests a potential upside of 40.54% from the stock’s current price.
Several other equities analysts have also recently issued reports on LAND. Royal Bank of Canada cut Land Securities Group to a “sector perform” rating and reduced their price objective for the stock from GBX 950 ($11.48) to GBX 675 ($8.16) in a report on Tuesday, July 12th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 900 ($10.87) price objective on shares of Land Securities Group in a report on Monday, July 18th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 806 ($9.74).
Land Securities Group Stock Performance
Shares of LAND stock opened at GBX 555 ($6.71) on Friday. The stock has a fifty day moving average price of GBX 677.04 and a 200 day moving average price of GBX 719.07. The stock has a market cap of £4.13 billion and a PE ratio of 476.24. Land Securities Group has a 1 year low of GBX 554.80 ($6.70) and a 1 year high of GBX 822.40 ($9.94). The company has a debt-to-equity ratio of 56.98, a quick ratio of 0.53 and a current ratio of 0.77.
Insider Buying and Selling at Land Securities Group
In related news, insider Mark Allan acquired 14,672 shares of Land Securities Group stock in a transaction on Monday, July 18th. The shares were bought at an average price of GBX 678 ($8.19) per share, for a total transaction of £99,476.16 ($120,198.36).
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 £11 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.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]
Before you consider Land Securities Group, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Land Securities Group wasn’t on the list.
While Land Securities Group currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.