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

Land Securities Group Plc (LON:LAND - Get Free Report)'s stock price reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 510.50 ($6.68) and last traded at GBX 513.80 ($6.73), with a volume of 10967262 shares changing hands. The stock had previously closed at GBX 545.78 ($7.14).

Wall Street Analysts Forecast Growth

Several research analysts recently commented on LAND shares. Shore Capital reissued a "hold" rating on shares of Land Securities Group in a research report on Tuesday, December 17th. Jefferies Financial Group reissued a "hold" rating and issued a GBX 557 ($7.29) target price on shares of Land Securities Group in a research note on Monday, March 3rd.

Land Securities Group Price Performance

The company has a quick ratio of 0.54, a current ratio of 0.42 and a debt-to-equity ratio of 59.04. The business has a fifty day moving average of GBX 558.75 and a 200 day moving average of GBX 584.54. The firm has a market cap of £3.95 billion, a P/E ratio of -12.36, a PEG 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.