Land Securities Group (LON:LAND) Sets New 12-Month Low – Here’s Why

Land Securities Group Plc (LON:LAND)’s share price hit a new 52-week low during trading on Monday . The stock traded as low as GBX 5.89 ($0.07) and last traded at GBX 586 ($7.39), with a volume of 3570610 shares. The stock had previously closed at GBX 592 ($7.47).

Analyst Ratings Changes

Several analysts recently commented on the company. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 550 ($6.94) price objective on shares of Land Securities Group in a research note on Tuesday, December 17th. Shore Capital reissued a “hold” rating on shares of Land Securities Group in a research note on Tuesday, December 17th. Finally, Berenberg Bank dropped their price target on Land Securities Group from GBX 755 ($9.52) to GBX 746 ($9.41) and set a “buy” rating on the stock in a research note on Wednesday, December 4th.

Land Securities Group Price Performance

The company has a 50 day simple moving average of GBX 572.18 and a 200-day simple moving average of GBX 608.25. The stock has a market cap of £4.30 billion, a price-to-earnings ratio of -13.46, a P/E/G ratio of 12.39 and a beta of 1.44. The company has a current ratio of 0.42, a quick ratio of 0.54 and a debt-to-equity ratio of 59.04.

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.