LondonMetric Property’s (LMP) Buy Rating Reaffirmed at Shore Capital Group

Shore Capital Group restated their buy rating on shares of LondonMetric Property (LON:LMP) in a research report sent to investors on Thursday morning,Digital Look reports.

LMP has been the subject of several other research reports. Berenberg Bank increased their price target on shares of LondonMetric Property from GBX 269 to GBX 282 and gave the company a “buy” rating in a research report on Tuesday, January 27th. The Goldman Sachs Group reduced their price target on shares of LondonMetric Property from GBX 210 to GBX 190 and set a “neutral” rating for the company in a research report on Monday, March 30th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of GBX 233.20.

LondonMetric Property Stock Performance

LON LMP opened at GBX 194.60 on Thursday. LondonMetric Property has a 1 year low of GBX 175.30 and a 1 year high of GBX 216.20. The company has a debt-to-equity ratio of 60.64, a current ratio of 0.38 and a quick ratio of 0.81. The firm has a market cap of £4.54 billion, a price-to-earnings ratio of 13.06, a PEG ratio of 3.27 and a beta of 1.04. The company has a fifty day moving average price of GBX 197.24 and a 200-day moving average price of GBX 192.95.

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.