Land Securities Group plc (LON:LAND) Insider Robert Noel Sells 15,616 Shares
Land Securities Group plc (LON:LAND) insider Robert Noel sold 15,616 shares of Land Securities Group stock in a transaction on Wednesday, August 21st. The stock was sold at an average price of GBX 749 ($9.79), for a total transaction of £116,963.84 ($152,833.97).
Shares of Land Securities Group stock traded up GBX 13 ($0.17) during trading on Wednesday, reaching GBX 753 ($9.84). The company’s stock had a trading volume of 1,614,869 shares, compared to its average volume of 2,210,000. The business’s 50-day moving average price is GBX 811.45 and its 200-day moving average price is GBX 866.89. The firm has a market cap of $5.57 billion and a PE ratio of -46.77. Land Securities Group plc has a 52 week low of GBX 731.80 ($9.56) and a 52 week high of GBX 940.20 ($12.29). The company has a quick ratio of 0.35, a current ratio of 0.42 and a debt-to-equity ratio of 38.12.
A number of equities analysts have commented on the stock. Deutsche Bank reaffirmed a “buy” rating on shares of Land Securities Group in a research report on Friday, July 12th. UBS Group reaffirmed a “buy” rating on shares of Land Securities Group in a research report on Friday, May 10th. Goldman Sachs Group reaffirmed a “neutral” rating on shares of Land Securities Group in a research report on Thursday, August 8th. Barclays reduced their price objective on shares of Land Securities Group from GBX 790 ($10.32) to GBX 755 ($9.87) and set an “underweight” rating for the company in a research report on Friday, May 10th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a GBX 1,100 ($14.37) price objective on shares of Land Securities Group in a research report on Monday, June 24th. Three analysts have rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of GBX 941.73 ($12.31).
At Landsec, we believe great places are for people to experience and are made with the experience of great people. Across 24 million sq ft of real estate and a portfolio valued at £14.1 billion, we own and manage some of the most successful and recognisable assets in the country. In London, our portfolio totals more than £7.8 billion, and consists of 6.4 million sq ft of real estate.
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