Shares of Londonmetric Property PLC (LON:LMP) have been given a consensus rating of “Hold” by the six analysts that are covering the company, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is GBX 172.17 ($2.26).
A number of equities research analysts have recently issued reports on the stock. Liberum Capital reissued a “hold” rating and issued a GBX 155 ($2.04) price target on shares of Londonmetric Property PLC in a research note on Tuesday, June 27th. J P Morgan Chase & Co boosted their price target on shares of Londonmetric Property PLC from GBX 175 ($2.30) to GBX 195 ($2.56) and gave the company an “overweight” rating in a research note on Tuesday, June 20th. Finally, Peel Hunt reissued an “add” rating and issued a GBX 180 ($2.37) price target on shares of Londonmetric Property PLC in a research note on Wednesday, August 9th.
In related news, insider Martin McGann purchased 92,764 shares of Londonmetric Property PLC stock in a transaction dated Wednesday, September 27th. The shares were acquired at an average cost of GBX 165 ($2.17) per share, with a total value of £153,060.60 ($201,236.66). Insiders bought a total of 272,870 shares of company stock worth $45,328,656 over the last three months.
COPYRIGHT VIOLATION NOTICE: “Londonmetric Property PLC (LMP) Receives Average Rating of “Hold” from Analysts” was first reported by Ticker Report and is the property of of Ticker Report. If you are accessing this piece of content on another domain, it was stolen and republished in violation of international copyright & trademark legislation. The original version of this piece of content can be accessed at https://www.tickerreport.com/banking-finance/2958201/londonmetric-property-plc-lmp-receives-average-rating-of-hold-from-analysts.html.
The business also recently declared a dividend, which was paid on Friday, October 6th. Stockholders of record on Thursday, August 31st were paid a GBX 1.85 ($0.02) dividend. This represents a dividend yield of 1.1%. The ex-dividend date of this dividend was Thursday, August 31st.
Londonmetric Property PLC Company Profile
LondonMetric Property Plc is a property investment and development company. The Company’s segments include Retail, Distribution, Offices, Residential and Development. The Company is involved in retailer-led distribution, out of town and convenience retail. The Company’s portfolio includes distribution and retail businesses across the United Kingdom.
Receive News & Ratings for Londonmetric Property PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Londonmetric Property PLC and related companies with MarketBeat.com's FREE daily email newsletter.