LondonMetric Property Plc (LON:LMP) Receives GBX 233.20 Average PT from Brokerages

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

LMP has been the subject of several research reports. Shore Capital Group restated a “buy” rating on shares of LondonMetric Property in a research note on Thursday, April 16th. Berenberg Bank boosted 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. Finally, The Goldman Sachs Group dropped their price target on shares of LondonMetric Property from GBX 210 to GBX 190 and set a “neutral” rating for the company in a research note on Monday, March 30th.

LondonMetric Property Stock Performance

LON:LMP opened at GBX 187.92 on Friday. The company has a fifty day simple moving average of GBX 194.30 and a two-hundred day simple moving average of GBX 193.68. The company has a market cap of £4.39 billion, a price-to-earnings ratio of 12.61, a price-to-earnings-growth ratio of 3.27 and a beta of 1.04. The company has a quick ratio of 0.81, a current ratio of 0.38 and a debt-to-equity ratio of 60.64. LondonMetric Property has a 52 week low of GBX 175.30 and a 52 week high of GBX 216.20.

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.