LondonMetric Property Plc (LON:LMP) Receives Consensus Recommendation of “Moderate Buy” from Analysts

LondonMetric Property Plc (LON:LMP) has been given a consensus rating of “Moderate Buy” by the six analysts that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is GBX 233.20.

Several equities research analysts recently commented on LMP shares. Shore Capital Group reiterated a “buy” rating on shares of LondonMetric Property in a research note on Thursday, April 16th. The Goldman Sachs Group cut their price target on shares of LondonMetric Property from GBX 210 to GBX 190 and set a “neutral” rating on the stock in a research note on Monday, March 30th. Finally, Berenberg Bank lifted their price target on shares of LondonMetric Property from GBX 269 to GBX 282 and gave the stock a “buy” rating in a research note on Tuesday, January 27th.

LondonMetric Property Price Performance

Shares of LON:LMP opened at GBX 191.30 on Friday. The company’s fifty day moving average price is GBX 196.46 and its 200 day moving average price is GBX 193.39. LondonMetric Property has a 12 month low of GBX 175.30 and a 12 month 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 capitalization of £4.47 billion, a P/E ratio of 12.84, a P/E/G ratio of 3.27 and a beta of 1.04.

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.