Insider Buying: Land Securities Group Plc (LON:LAND) Insider Purchases 27 Shares of Stock

Land Securities Group Plc (LON:LAND) insider Vanessa Simms acquired 27 shares of the business’s stock in a transaction dated Tuesday, March 4th. The stock was acquired at an average price of GBX 556 ($7.11) per share, for a total transaction of £150.12 ($192.04).

Land Securities Group Trading Down 2.9 %

Land Securities Group stock traded down GBX 16 ($0.20) during midday trading on Wednesday, reaching GBX 536.50 ($6.86). 6,140,989 shares of the stock traded hands, compared to its average volume of 7,574,531. The company has a current ratio of 0.42, a quick ratio of 0.54 and a debt-to-equity ratio of 59.04. The firm has a market cap of £3.97 billion, a PE ratio of -12.44, a price-to-earnings-growth ratio of 12.39 and a beta of 1.44. The company has a 50-day simple moving average of GBX 571.28 and a two-hundred day simple moving average of GBX 603.78. Land Securities Group Plc has a 12-month low of GBX 531 ($6.79) and a 12-month high of GBX 694.02 ($8.88).

Analysts Set New Price Targets

LAND has been the subject of several analyst reports. Shore Capital reiterated a “hold” rating on shares of Land Securities Group in a research note on Tuesday, December 17th. Jefferies Financial Group restated a “hold” rating and set a GBX 557 ($7.13) target price on shares of Land Securities Group in a report on Monday. Finally, Berenberg Bank lowered their price objective on Land Securities Group from GBX 755 ($9.66) to GBX 746 ($9.54) and set a “buy” rating on the stock in a research note on Wednesday, December 4th.

About Land Securities Group

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.