LondonMetric Property Plc (LMP.L) – What Are Analysts Thinking About This Stock?

LondonMetric Property Plc (LON:LMP) has received a consensus recommendation of “Moderate Buy” from the six brokerages that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year price objective among brokers that have covered the stock in the last year is GBX 225.80.

LMP has been the subject of a number of research analyst reports. Berenberg Bank decreased their target price on LondonMetric Property from GBX 282 to GBX 252 and set a “buy” rating for the company in a research report on Wednesday, June 17th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 217 price target on shares of LondonMetric Property in a research report on Thursday.

LondonMetric Property Stock Up 1.1%

LMP opened at GBX 179.90 on Thursday. The business’s 50-day simple moving average is GBX 183.18 and its 200-day simple moving average is GBX 186.75. The company has a debt-to-equity ratio of 63.49, a quick ratio of 0.81 and a current ratio of 1.78. LondonMetric Property has a one year low of GBX 170.20 and a one year high of GBX 216.20. The stock has a market capitalization of £4.39 billion, a P/E ratio of 13.84, a price-to-earnings-growth ratio of 3.27 and a beta of 1.01.

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.