LondonMetric Property’s (LMP) “Buy” Rating Reiterated at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reaffirmed their buy rating on shares of LondonMetric Property (LON:LMP) in a report published on Wednesday morning, Marketbeat reports. They currently have a GBX 230 target price on the stock.

A number of other research analysts have also recently commented on LMP. Berenberg Bank boosted their price objective on LondonMetric Property from GBX 269 to GBX 282 and gave the stock a “buy” rating in a research note on Tuesday, January 27th. Shore Capital Group reaffirmed a “buy” rating on shares of LondonMetric Property in a report on Tuesday. Finally, The Goldman Sachs Group lowered their price target 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 research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of GBX 233.20.

LondonMetric Property Stock Performance

LON LMP opened at GBX 182.20 on Wednesday. The firm has a market capitalization of £4.25 billion, a P/E ratio of 12.23, a price-to-earnings-growth ratio of 3.27 and a beta of 1.02. The company has a debt-to-equity ratio of 60.64, a quick ratio of 0.81 and a current ratio of 0.38. LondonMetric Property has a fifty-two week low of GBX 175.30 and a fifty-two week high of GBX 216.20. The stock’s fifty day moving average is GBX 189.84 and its two-hundred day moving average is GBX 193.46.

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.