Jefferies Financial Group Reaffirms “Hold” Rating for Land Securities Group (LON:LAND)

Jefferies Financial Group restated their hold rating on shares of Land Securities Group (LON:LAND) in a report released on Monday,Digital Look reports. Jefferies Financial Group currently has a GBX 557 ($7.08) price target on the stock.

LAND has been the subject of several other research reports. Berenberg Bank reduced their price objective on shares of Land Securities Group from GBX 755 ($9.59) to GBX 746 ($9.48) and set a “buy” rating for the company in a report on Wednesday, December 4th. Shore Capital restated a “hold” rating on shares of Land Securities Group in a research report on Tuesday, December 17th.

Land Securities Group Stock Performance

Shares of LAND opened at GBX 558 ($7.09) on Monday. The company has a debt-to-equity ratio of 59.04, a current ratio of 0.42 and a quick ratio of 0.54. Land Securities Group has a 12-month low of GBX 531 ($6.75) and a 12-month high of GBX 694.02 ($8.82). The business’s fifty day moving average price is GBX 571.87 and its 200 day moving average price is GBX 604.30. The stock has a market capitalization of £4.13 billion, a PE ratio of -12.94, a price-to-earnings-growth ratio of 12.39 and a beta of 1.44.

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.