Land Securities Group (LON:LAND) Earns Hold Rating from Jefferies Financial Group

Land Securities Group (LON:LAND)‘s stock had its “hold” rating reaffirmed by investment analysts at Jefferies Financial Group in a research report issued to clients and investors on Tuesday, MarketBeat reports. They currently have a GBX 550 ($6.91) price objective on the stock. Jefferies Financial Group’s price objective indicates a potential downside of 4.51% from the company’s previous close.

A number of other research firms also recently weighed in on LAND. Berenberg Bank dropped their price target on shares of Land Securities Group from GBX 755 ($9.49) to GBX 746 ($9.38) and set a “buy” rating for the company in a research note on Wednesday, December 4th. Shore Capital reaffirmed a “hold” rating on shares of Land Securities Group in a report on Tuesday.

Land Securities Group Price Performance

Shares of LAND stock opened at GBX 576 ($7.24) on Tuesday. The firm has a market cap of £4.29 billion, a price-to-earnings ratio of -1,339.53, a PEG ratio of 12.39 and a beta of 1.44. Land Securities Group has a 12 month low of GBX 565 ($7.10) and a 12 month high of GBX 729.40 ($9.17). The company has a quick ratio of 0.54, a current ratio of 0.42 and a debt-to-equity ratio of 58.63. The stock has a 50-day moving average price of GBX 607.98 and a 200 day moving average price of GBX 628.76.

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.