LondonMetric Property Plc (LON:LMP) Receives GBX 227.20 Average Price Target from Analysts

Shares of LondonMetric Property Plc (LON:LMP) have been assigned a consensus recommendation of “Moderate Buy” from the six analysts that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 227.20.

LMP has been the topic of several recent analyst reports. Berenberg Bank decreased their target price on shares of LondonMetric Property from GBX 282 to GBX 252 and set a “buy” rating on the stock in a report on Wednesday, June 17th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 230 price target on shares of LondonMetric Property in a research report on Wednesday, May 13th. Finally, Shore Capital Group reiterated a “buy” rating on shares of LondonMetric Property in a report on Tuesday, May 12th.

LondonMetric Property Stock Performance

Shares of LMP opened at GBX 182.20 on Thursday. The company has a current ratio of 1.78, a quick ratio of 0.81 and a debt-to-equity ratio of 63.49. LondonMetric Property has a 12-month low of GBX 175.30 and a 12-month high of GBX 216.20. The firm has a 50-day moving average price of GBX 191.77 and a 200 day moving average price of GBX 191.71. The firm has a market capitalization of £4.27 billion, a P/E ratio of 14.02, a P/E/G ratio of 3.27 and a beta of 1.02.

LondonMetric Property Company Profile

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.