LondonMetric Property (LON:LMP) Given Buy Rating at Jefferies Financial Group

LondonMetric Property (LON:LMP)‘s stock had its “buy” rating reaffirmed by equities research analysts at Jefferies Financial Group in a research report issued on Thursday, Digital Look reports. They currently have a GBX 217 price objective on the stock. Jefferies Financial Group’s target price would suggest a potential upside of 20.96% from the company’s previous close.

Separately, Berenberg Bank cut their price target on shares of LondonMetric Property from GBX 282 to GBX 252 and set a “buy” rating on the stock in a research report on Wednesday, June 17th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of GBX 225.80.

LondonMetric Property Stock Performance

LMP stock opened at GBX 179.40 on Thursday. LondonMetric Property has a twelve month low of GBX 170.20 and a twelve month high of GBX 216.20. The company has a quick ratio of 0.81, a current ratio of 1.78 and a debt-to-equity ratio of 63.49. The company has a market cap of £4.37 billion, a P/E ratio of 13.80, a price-to-earnings-growth ratio of 3.27 and a beta of 1.01. The business’s fifty day moving average is GBX 182.54 and its 200-day moving average is GBX 186.69.

About LondonMetric Property

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.