Land Securities Group (LON:LAND) Price Target Raised to GBX 730

Land Securities Group (LON:LAND) had its target price lifted by Barclays from GBX 700 ($8.79) to GBX 730 ($9.17) in a report issued on Friday morning, Marketbeat reports. The firm currently has an overweight rating on the stock.

Separately, Berenberg Bank began coverage on Land Securities Group in a report on Wednesday, January 10th. They set a buy rating and a GBX 807 ($10.14) target price on the stock. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of Hold and an average target price of GBX 683.67 ($8.59).

Land Securities Group Stock Performance

Shares of LON:LAND opened at GBX 667 ($8.38) on Friday. The business’s fifty day moving average price is GBX 637.03 and its two-hundred day moving average price is GBX 644.51. The company has a debt-to-equity ratio of 56.72, a current ratio of 0.49 and a quick ratio of 0.54. The stock has a market capitalization of £4.97 billion, a price-to-earnings ratio of -813.41, a price-to-earnings-growth ratio of 12.39 and a beta of 1.45. Land Securities Group has a fifty-two week low of GBX 551.20 ($6.92) and a fifty-two week high of GBX 729.40 ($9.16).

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.