A number of other equities research analysts have also recently commented on the company. JPMorgan Chase & Co. increased their target price on Londonmetric Property from GBX 195 ($2.69) to GBX 200 ($2.76) and gave the stock an overweight rating in a research note on Wednesday, December 6th. Numis Securities reaffirmed a hold rating and set a GBX 172 ($2.38) price objective on shares of Londonmetric Property in a research report on Tuesday, December 5th. Jefferies Group reaffirmed a hold rating and set a GBX 190 ($2.63) price objective on shares of Londonmetric Property in a research report on Thursday, January 18th. Canaccord Genuity increased their price objective on Londonmetric Property from GBX 160 ($2.21) to GBX 175 ($2.42) and gave the company a hold rating in a research report on Friday, December 22nd. Finally, Stifel Nicolaus reaffirmed a buy rating and set a GBX 177 ($2.45) price objective on shares of Londonmetric Property in a research report on Thursday, November 30th. Seven research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus target price of GBX 181.67 ($2.51).
Shares of Londonmetric Property (LON:LMP) opened at GBX 172.80 ($2.39) on Friday. Londonmetric Property has a 52-week low of GBX 149.10 ($2.06) and a 52-week high of GBX 189.10 ($2.61). The stock has a market cap of $1,260.00 and a price-to-earnings ratio of 719.98.
About Londonmetric Property
LondonMetric Property Plc is a property investment and development company. The Company’s segments is Distribution, Offices, Residential and Development. The Company’s distribution properties under development include Wakefield, Warrington, Bedford, Stoke and Crawley. The Company’s subsidiaries include London & Stamford Property Limited, LondonMetric Management Limited, LSI (Investments) Limited, LSI Developments Limited, LondonMetric Saturn Limited, Metric Property Investments plc, LondonMetric Retail Distribution I Limited and LondonMetric Saturn II Limited.
Receive News & Ratings for Londonmetric Property Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Londonmetric Property and related companies with MarketBeat.com's FREE daily email newsletter.