Land Securities Group (LON:LAND) Stock Price Crosses Above Two Hundred Day Moving Average - Should You Sell?

Shares of Land Securities Group Plc (LON:LAND - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 579.57 ($7.68) and traded as high as GBX 588 ($7.79). Land Securities Group shares last traded at GBX 583 ($7.72), with a volume of 1,885,831 shares.

Analysts Set New Price Targets

Separately, Jefferies Financial Group reissued a "hold" rating and set a GBX 557 ($7.38) target price on shares of Land Securities Group in a research note on Monday, March 3rd.

Land Securities Group Stock Up 1.1 %

The stock has a market cap of £4.32 billion, a price-to-earnings ratio of -13.52, a P/E/G ratio of 12.39 and a beta of 1.44. The business has a fifty day moving average of GBX 556.18 and a 200 day moving average of GBX 579.57. 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 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.