Land Securities Group (LON:LAND) Sets New 12-Month Low - Time to Sell?

Land Securities Group Plc (LON:LAND - Get Free Report)'s share price reached a new 52-week low on Monday . The stock traded as low as GBX 5.89 ($0.07) and last traded at GBX 586 ($7.43), with a volume of 3570610 shares trading hands. The stock had previously closed at GBX 592 ($7.50).

Analyst Upgrades and Downgrades

LAND has been the topic of several research reports. Jefferies Financial Group reiterated a "hold" rating and issued a GBX 550 ($6.97) price objective on shares of Land Securities Group in a research note on Tuesday, December 17th. Berenberg Bank dropped their price target on shares of Land Securities Group from GBX 755 ($9.57) to GBX 746 ($9.45) and set a "buy" rating on the stock in a research note on Wednesday, December 4th. Finally, Shore Capital restated a "hold" rating on shares of Land Securities Group in a research note on Tuesday, December 17th.

Land Securities Group Stock Down 1.5 %

The company has a debt-to-equity ratio of 59.04, a quick ratio of 0.54 and a current ratio of 0.42. The firm has a market cap of £4.24 billion, a price-to-earnings ratio of -13.29, a PEG ratio of 12.39 and a beta of 1.44. The business's 50-day moving average is GBX 572.21 and its 200-day moving average is GBX 607.84.

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.