LondonMetric Property Plc (LMP.L) – What Are Investment Firms Saying About This Stock?

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

Separately, Jefferies Financial Group reissued a “buy” rating and set a GBX 217 price target on shares of LondonMetric Property in a research note on Thursday, October 15th.

LondonMetric Property Stock Down 0.3%

Shares of LON LMP opened at GBX 180.04 on Thursday. The firm’s 50-day simple moving average is GBX 181.70 and its 200 day simple moving average is GBX 186.61. The company has a market cap of £4.39 billion, a price-to-earnings ratio of 13.85, a price-to-earnings-growth ratio of 3.27 and a beta of 1.01. The company has a quick ratio of 0.81, a current ratio of 1.78 and a debt-to-equity ratio of 63.49. LondonMetric Property has a 12-month low of GBX 170.20 and a 12-month 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.