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

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

Separately, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 217 target price on shares of LondonMetric Property in a report on Monday, November 2nd.

LondonMetric Property Stock Performance

LON:LMP opened at GBX 189.20 on Monday. The company has a debt-to-equity ratio of 63.49, a current ratio of 1.78 and a quick ratio of 0.81. The firm has a market capitalization of £4.61 billion, a PE ratio of 14.55, a price-to-earnings-growth ratio of 3.27 and a beta of 1.00. LondonMetric Property has a 12 month low of GBX 170.20 and a 12 month high of GBX 216.20. The business’s fifty day moving average price is GBX 180.31 and its 200 day moving average price is GBX 189.44.

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.