Jefferies Financial Group Reiterates Hold Rating for Land Securities Group (LON:LAND)

Land Securities Group (LON:LAND)‘s stock had its “hold” rating reiterated by Jefferies Financial Group in a report released on Monday,Digital Look reports. They currently have a GBX 557 ($7.08) target price on the stock. Jefferies Financial Group’s price target would indicate a potential downside of 0.18% from the company’s current price.

Several other equities research analysts have also issued reports on the stock. Shore Capital reissued a “hold” rating on shares of Land Securities Group in a research note on Tuesday, December 17th. Berenberg Bank lowered their target price on shares of Land Securities Group from GBX 755 ($9.59) to GBX 746 ($9.48) and set a “buy” rating on the stock in a research note on Wednesday, December 4th.

Land Securities Group Price Performance

Shares of LAND stock traded down GBX 6.52 ($0.08) during mid-day trading on Monday, hitting GBX 558 ($7.09). 3,849,018 shares of the stock were exchanged, compared to its average volume of 7,694,652. The firm has a fifty day moving average of GBX 572.21 and a 200 day moving average of GBX 604.73. The company has a quick ratio of 0.54, a current ratio of 0.42 and a debt-to-equity ratio of 59.04. Land Securities Group has a 52-week low of GBX 531 ($6.75) and a 52-week high of GBX 694.02 ($8.82). The company has a market cap of £4.13 billion, a PE ratio of -12.94, a price-to-earnings-growth ratio of 12.39 and a beta of 1.44.

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 £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.