Land Securities Group Plc (LON:LAND) Insider Vanessa Simms Acquires 27 Shares of Stock

Land Securities Group Plc (LON:LAND) insider Vanessa Simms acquired 27 shares of the stock in a transaction on Tuesday, March 4th. The shares were purchased at an average price of GBX 556 ($7.17) per share, for a total transaction of £150.12 ($193.50).

Land Securities Group Stock Performance

Shares of Land Securities Group stock opened at GBX 536.50 ($6.92) on Thursday. The company 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 quick ratio of 0.54, a current ratio of 0.42 and a debt-to-equity ratio of 59.04. Land Securities Group Plc has a 52 week low of GBX 531 ($6.84) and a 52 week high of GBX 694.02 ($8.95). The business has a 50 day moving average price of GBX 570.37 and a 200-day moving average price of GBX 603.21.

Wall Street Analysts Forecast Growth

LAND has been the subject of a number of analyst reports. Shore Capital reiterated a “hold” rating on shares of Land Securities Group in a research report on Tuesday, December 17th. Berenberg Bank lowered their price objective on Land Securities Group from GBX 755 ($9.73) to GBX 746 ($9.62) and set a “buy” rating for the company in a research report on Wednesday, December 4th. Finally, Jefferies Financial Group reiterated a “hold” rating and issued a GBX 557 ($7.18) price objective on shares of Land Securities Group in a research note on Monday.

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.