Land Securities Group (LAND) Receives “Hold” Rating from Liberum Capital

Liberum Capital reaffirmed their hold rating on shares of Land Securities Group (LON:LAND) in a report released on Tuesday, Digital Look reports. Liberum Capital currently has a GBX 585 ($7.64) price objective on the stock, down from their prior price objective of GBX 1,000 ($13.07).

Other equities research analysts have also issued reports about the stock. UBS Group restated a buy rating on shares of Land Securities Group in a report on Friday, May 10th. Deutsche Bank upgraded shares of Land Securities Group to a buy rating and raised their price objective for the stock from GBX 940 ($12.28) to GBX 1,020 ($13.33) in a report on Wednesday, April 24th. Morgan Stanley raised their price objective on shares of Land Securities Group from GBX 970 ($12.67) to GBX 990 ($12.94) and gave the stock an equal weight rating in a report on Thursday, March 14th. Peel Hunt restated a hold rating on shares of Land Securities Group in a report on Monday, May 6th. Finally, Goldman Sachs Group upgraded shares of Land Securities Group to a neutral rating and dropped their price objective for the stock from GBX 788 ($10.30) to GBX 769 ($10.05) in a report on Friday, January 25th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company’s stock. Land Securities Group has a consensus rating of Hold and a consensus price target of GBX 914.25 ($11.95).

Shares of LON:LAND opened at GBX 884.20 ($11.55) on Tuesday. Land Securities Group has a 12 month low of GBX 784.20 ($10.25) and a 12 month high of GBX 985.50 ($12.88). The company has a current ratio of 0.47, a quick ratio of 0.42 and a debt-to-equity ratio of 36.38. The firm has a market cap of $6.56 billion and a P/E ratio of -28.07.



The firm also recently declared a dividend, which will be paid on Friday, October 4th. Shareholders of record on Thursday, September 5th will be paid a GBX 11.60 ($0.15) dividend. The ex-dividend date is Thursday, September 5th. This represents a yield of 1.32%. Land Securities Group’s payout ratio is currently -1.43%.

In other Land Securities Group news, insider Nicholas Cadbury purchased 3,000 shares of the stock in a transaction on Tuesday, May 14th. The shares were purchased at an average cost of GBX 888 ($11.60) per share, for a total transaction of £26,640 ($34,809.88).

About Land Securities Group

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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