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

LondonMetric Property (LON:LMP)‘s stock had its “buy” rating reaffirmed by investment analysts at Shore Capital Group in a research report issued on Tuesday,Digital Look reports.

Several other research firms also recently weighed in on LMP. Berenberg Bank upped their price target on shares of LondonMetric Property from GBX 269 to GBX 282 and gave the stock a “buy” rating in a research report on Tuesday, January 27th. The Goldman Sachs Group cut their price objective on shares of LondonMetric Property from GBX 210 to GBX 190 and set a “neutral” rating for the company in a report on Monday, March 30th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, LondonMetric Property presently has a consensus rating of “Moderate Buy” and an average target price of GBX 233.20.

LondonMetric Property Stock Down 1.7%

LMP opened at GBX 184.50 on Tuesday. LondonMetric Property has a twelve month low of GBX 175.30 and a twelve month high of GBX 216.20. The company has a quick ratio of 0.81, a current ratio of 0.38 and a debt-to-equity ratio of 60.64. The company has a 50-day moving average price of GBX 191.98 and a 200 day moving average price of GBX 193.80. The company has a market cap of £4.31 billion, a PE ratio of 12.38, a price-to-earnings-growth ratio of 3.27 and a beta of 1.02.

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.