Key Points
- Insider purchase: Land Securities director Mark Allan bought 25 shares on May 5 at GBX 586 (£146.50) and previously bought 25 shares on March 4 at GBX 619, totaling 50 shares across the two trades.
- Analyst sentiment: The stock has a consensus rating of “Moderate Buy” with an average target of GBX 645; six analysts rate it Buy, three Hold and one Sell, while Goldman Sachs upgraded to Buy but lowered its target to GBX 690.
- Current price and valuation: Shares opened at GBX 588.57 (down ~2.3%), with a market cap of £4.39 billion and a PE ratio of 17.67, trading within a 1‑year range of GBX 522.50–678.50.
Land Securities Group Plc (LON:LAND - Get Free Report) insider Mark Allan purchased 25 shares of the firm's stock in a transaction that occurred on Tuesday, May 5th. The stock was acquired at an average price of GBX 586 per share, for a total transaction of £146.50.
Mark Allan also recently made the following trade(s):
- On Wednesday, March 4th, Mark Allan purchased 25 shares of Land Securities Group stock. The stock was acquired at an average price of GBX 619 per share, for a total transaction of £154.75.
Land Securities Group Stock Down 2.3%
Land Securities Group stock opened at GBX 588.57 on Friday. The company has a debt-to-equity ratio of 72.33, a current ratio of 0.78 and a quick ratio of 0.54. Land Securities Group Plc has a 1-year low of GBX 522.50 and a 1-year high of GBX 678.50. The company has a market cap of £4.39 billion, a PE ratio of 17.67, a price-to-earnings-growth ratio of 12.39 and a beta of 1.14. The stock's 50 day moving average price is GBX 589.82 and its 200 day moving average price is GBX 615.10.
Analyst Upgrades and Downgrades
A number of analysts recently weighed in on the company. The Goldman Sachs Group upgraded Land Securities Group to a "buy" rating and decreased their price target for the company from GBX 710 to GBX 690 in a research note on Monday, March 30th. Citigroup decreased their price target on Land Securities Group from GBX 627 to GBX 604 and set a "neutral" rating on the stock in a research note on Thursday, April 2nd. Finally, Berenberg Bank decreased their price target on Land Securities Group from GBX 917 to GBX 897 and set a "buy" rating on the stock in a research note on Monday, January 26th. Six equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of GBX 645.
Check Out Our Latest Research Report on Land Securities Group
Land Securities Group Company Profile
(
Get Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
