Land Securities Group (LON:LAND) Sets New 52-Week Low – Here’s Why

Land Securities Group Plc (LON:LAND)’s stock price reached a new 52-week low during trading on Monday . The company traded as low as GBX 510.50 ($6.58) and last traded at GBX 513.80 ($6.62), with a volume of 10967262 shares changing hands. The stock had previously closed at GBX 545.78 ($7.04).

Analyst Upgrades and Downgrades

LAND has been the subject of a number of recent analyst reports. Jefferies Financial Group restated a “hold” rating and issued a GBX 557 ($7.18) price objective on shares of Land Securities Group in a report on Monday, March 3rd. Shore Capital restated a “hold” rating on shares of Land Securities Group in a research note on Tuesday, December 17th.

Land Securities Group Trading Down 4.3 %

The company has a debt-to-equity ratio of 59.04, a current ratio of 0.42 and a quick ratio of 0.54. The stock’s 50-day moving average is GBX 566.26 and its two-hundred day moving average is GBX 590.97. The company has a market cap of £3.87 billion, a P/E ratio of -12.12, a P/E/G 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.