LondonMetric Property Plc (LON:LMP) Receives Average Recommendation of “Moderate Buy” from Brokerages

LondonMetric Property Plc (LON:LMPGet Free Report) has received a consensus recommendation of “Moderate Buy” from the six brokerages that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is GBX 233.20.

A number of analysts have commented on the stock. Shore Capital Group restated a “buy” rating on shares of LondonMetric Property in a research report on Tuesday, May 12th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 230 price target on shares of LondonMetric Property in a research report on Wednesday, May 13th. Berenberg Bank lifted their price objective on shares of LondonMetric Property from GBX 269 to GBX 282 and gave the stock a “buy” rating in a research note on Tuesday, January 27th. Finally, The Goldman Sachs Group dropped their target price on shares of LondonMetric Property from GBX 210 to GBX 190 and set a “neutral” rating on the stock in a report on Monday, March 30th.

Read Our Latest Research Report on LMP

LondonMetric Property Stock Up 1.0%

LMP stock opened at GBX 186.10 on Tuesday. LondonMetric Property has a 52 week low of GBX 175.30 and a 52 week high of GBX 216.20. The company has a market capitalization of £4.35 billion, a price-to-earnings ratio of 12.49, a price-to-earnings-growth ratio of 3.27 and a beta of 1.02. The firm’s 50-day moving average is GBX 189.40 and its two-hundred day moving average is GBX 193.39. The company has a current ratio of 0.38, a quick ratio of 0.81 and a debt-to-equity ratio of 60.64.

LondonMetric Property Company Profile

(Get Free Report)

LondonMetric is a FTSE 100 REIT that owns and manages desirable real estate that meets occupiers demands and delivers reliable, repetitive and growing income-led returns and outperforms over the long term. As a real estate owner, we look to help occupiers, communities and stakeholders grow, thrive and revitalise in an evolving and complex world.

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Analyst Recommendations for LondonMetric Property (LON:LMP)

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