LondonMetric Property Plc (LON:LMP) Receives GBX 233.20 Average PT from Analysts

Shares of LondonMetric Property Plc (LON:LMP) have received a consensus recommendation of “Moderate Buy” from the six brokerages that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is GBX 233.20.

Several research analysts have recently commented on the company. Shore Capital Group reissued a “buy” rating on shares of LondonMetric Property in a report on Thursday, December 4th. The Goldman Sachs Group dropped their price target on LondonMetric Property from GBX 210 to GBX 190 and set a “neutral” rating for the company in a report on Monday. Finally, Berenberg Bank lifted their price objective on LondonMetric Property from GBX 269 to GBX 282 and gave the company a “buy” rating in a research report on Tuesday, January 27th.

LondonMetric Property Price Performance

Shares of LondonMetric Property stock opened at GBX 185.50 on Monday. The stock has a market capitalization of £4.33 billion, a price-to-earnings ratio of 12.45, a P/E/G ratio of 3.27 and a beta of 1.00. The firm’s 50-day moving average price is GBX 199.63 and its two-hundred day moving average price is GBX 192.22. 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 has a 1-year low of GBX 167.10 and a 1-year high of GBX 216.20.

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.