Key Points
- Insider Mark Allan bought 24 Land Securities shares at GBX 617 each, spending £148.08. He previously bought 23 shares in September but sold 179,736 shares in July for approximately £1.27 million.
- Land Securities shares opened at GBX 617.50, down 0.2%, with a market capitalization of about £4.60 billion and a 52-week range of GBX 525 to GBX 726.
- Analyst sentiment remains a “Moderate Buy”: six analysts rate the stock Buy, three Hold and one Sell, with a consensus price target of GBX 643.56. Deutsche Bank raised its target to GBX 750, while Jefferies maintained an Underperform rating with a GBX 462 target.
Land Securities Group Plc (LON:LAND - Get Free Report) insider Mark Allan acquired 24 shares of the stock in a transaction dated Monday, October 5th. The stock was acquired at an average price of GBX 617 per share, for a total transaction of £148.08.
Mark Allan also recently made the following trade(s):
- On Friday, September 4th, Mark Allan acquired 23 shares of Land Securities Group stock. The stock was acquired at an average cost of GBX 662 per share, for a total transaction of £152.26.
- On Tuesday, July 28th, Mark Allan sold 53,273 shares of Land Securities Group stock. The shares were sold at an average price of GBX 706, for a total transaction of £376,107.38.
- On Tuesday, July 28th, Mark Allan sold 126,463 shares of Land Securities Group stock. The shares were sold at an average price of GBX 706, for a total transaction of £892,828.78.
Land Securities Group Stock Down 0.2%
LAND opened at GBX 617.50 on Wednesday. The company has a current ratio of 1.04, a quick ratio of 0.54 and a debt-to-equity ratio of 68.76. Land Securities Group Plc has a 1-year low of GBX 525 and a 1-year high of GBX 726. The company has a market capitalization of £4.60 billion, a PE ratio of 13.45, a PEG ratio of 12.39 and a beta of 1.15. The firm's 50 day simple moving average is GBX 666.21 and its two-hundred day simple moving average is GBX 635.75.
Analyst Ratings Changes
A number of brokerages recently commented on LAND. Deutsche Bank Aktiengesellschaft raised their target price on Land Securities Group from GBX 730 to GBX 750 and gave the stock a "buy" rating in a report on Monday. Jefferies Financial Group restated an "underperform" rating and issued a GBX 462 price target on shares of Land Securities Group in a research report on Monday, September 28th. Six analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Land Securities Group currently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 643.56.
Check Out Our Latest Stock Analysis on LAND
About Land Securities Group
(
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
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