LondonMetric Property’s (LMP) Buy Rating Reaffirmed at Peel Hunt

Peel Hunt reissued their buy rating on shares of LondonMetric Property (LON:LMP) in a report released on Tuesday, Marketbeat.com reports. Peel Hunt currently has a GBX 240 price target on the stock.

A number of other brokerages have also weighed in on LMP. Shore Capital restated a “buy” rating on shares of LondonMetric Property in a report on Tuesday, October 7th. Jefferies Financial Group lifted their target price on shares of LondonMetric Property from GBX 219 to GBX 224 and gave the stock a “buy” rating in a research report on Tuesday, October 28th. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of GBX 231.33.

LondonMetric Property Stock Performance

LON:LMP opened at GBX 189.66 on Tuesday. The company has a market capitalization of £4.42 billion, a price-to-earnings ratio of 11.16, a PEG ratio of 3.27 and a beta of 0.90. The business has a 50 day moving average of GBX 186.58 and a 200 day moving average of GBX 191.37. The company has a debt-to-equity ratio of 53.84, a current ratio of 0.68 and a quick ratio of 0.81. LondonMetric Property has a 1-year low of GBX 167.10 and a 1-year high of GBX 207.

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.