LondonMetric Property (LON:LMP) Given “Buy” Rating at Shore Capital

Shore Capital reissued their buy rating on shares of LondonMetric Property (LON:LMP) in a report released on Tuesday morning, Marketbeat.com reports.

Separately, Deutsche Bank Aktiengesellschaft began coverage on LondonMetric Property in a research note on Wednesday, July 2nd. They issued a “buy” rating and a GBX 230 price objective for the company. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of GBX 235.

LondonMetric Property Trading Up 0.4%

Shares of LondonMetric Property stock opened at GBX 183.04 on Tuesday. The company has a debt-to-equity ratio of 53.84, a quick ratio of 0.81 and a current ratio of 0.68. LondonMetric Property has a 52 week low of GBX 167.10 and a 52 week high of GBX 209.80. The stock has a 50 day moving average price of GBX 184.79 and a two-hundred day moving average price of GBX 189.92. The stock has a market capitalization of £4.27 billion, a PE ratio of 1,076.71, a price-to-earnings-growth ratio of 3.27 and a beta of 0.90.

LondonMetric Property Company Profile

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.