Land Securities Group plc (LAND) Receives Average Rating of “Hold” from Analysts

Land Securities Group plc (LON:LAND) has been assigned an average recommendation of “Hold” from the fourteen research firms that are presently covering the company, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and four have given a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is GBX 949.33 ($12.40).

A number of brokerages recently commented on LAND. Deutsche Bank restated a “hold” rating on shares of Land Securities Group in a report on Tuesday, March 19th. Morgan Stanley raised their target price on Land Securities Group from GBX 970 ($12.67) to GBX 990 ($12.94) and gave the company an “equal weight” rating in a report on Thursday, March 14th. Liberum Capital reiterated a “buy” rating on shares of Land Securities Group in a research note on Tuesday, March 12th. Peel Hunt reiterated a “hold” rating on shares of Land Securities Group in a research note on Tuesday, February 26th. Finally, Royal Bank of Canada assumed coverage on Land Securities Group in a research note on Tuesday, February 12th. They issued an “outperform” rating and a GBX 1,125 ($14.70) price objective for the company.

Land Securities Group stock traded up GBX 0.80 ($0.01) during midday trading on Wednesday, reaching GBX 926.80 ($12.11). 815,971 shares of the stock traded hands, compared to its average volume of 2,210,000. Land Securities Group has a 12-month low of GBX 784.20 ($10.25) and a 12-month high of GBX 999.90 ($13.07). The stock has a market capitalization of $6.86 billion and a price-to-earnings ratio of -29.42. The company has a debt-to-equity ratio of 36.38, a current ratio of 0.47 and a quick ratio of 0.42.



The business also recently disclosed a dividend, which was paid on Friday, April 12th. Stockholders of record on Thursday, March 14th were paid a GBX 11.30 ($0.15) dividend. This represents a dividend yield of 1.27%. The ex-dividend date of this dividend was Thursday, March 14th. Land Securities Group’s payout ratio is presently -1.43%.

Land Securities Group Company Profile

At Landsec, we believe great places are for people to experience and are made with the experience of great people. Across 24 million sq ft of real estate and a portfolio valued at £14.1 billion, we own and manage some of the most successful and recognisable assets in the country. In London, our portfolio totals more than £7.8 billion, and consists of 6.4 million sq ft of real estate.

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Analyst Recommendations for Land Securities Group (LON:LAND)

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