LondonMetric Property Plc (LON:LMP) Stock Has Average Price Target of GBX 225.80

Shares of LondonMetric Property Plc (LON:LMP) have been given a consensus rating of “Moderate Buy” by the six brokerages that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is GBX 225.80.

LMP has been the topic of a number of recent research reports. Berenberg Bank dropped their price objective on shares of LondonMetric Property from GBX 282 to GBX 252 and set a “buy” rating on the stock in a research note on Wednesday, June 17th. Jefferies Financial Group reiterated a “buy” rating and set a GBX 217 target price on shares of LondonMetric Property in a research note on Thursday.

LondonMetric Property Trading Up 1.1%

Shares of LondonMetric Property stock opened at GBX 179.90 on Thursday. LondonMetric Property has a 1 year low of GBX 170.20 and a 1 year high of GBX 216.20. The company has a debt-to-equity ratio of 63.49, a quick ratio of 0.81 and a current ratio of 1.78. The company has a market capitalization of £4.39 billion, a P/E ratio of 13.84, a PEG ratio of 3.27 and a beta of 1.01. The company’s fifty day moving average is GBX 183.18 and its two-hundred day moving average is GBX 186.75.

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.