Londonmetric Property PLC (LMP) Rating Reiterated by Peel Hunt
Londonmetric Property PLC (LON:LMP)‘s stock had its “add” rating reiterated by Peel Hunt in a report issued on Wednesday. They currently have a GBX 170 ($2.11) price target on the stock. Peel Hunt’s price target suggests a potential upside of 16.60% from the stock’s current price.
LMP has been the topic of a number of other research reports. Liberum Capital reiterated a “hold” rating and issued a GBX 170 ($2.11) target price on shares of Londonmetric Property PLC in a research report on Monday, October 3rd. Morgan Stanley lowered Londonmetric Property PLC to an “underweight” rating and upped their target price for the company from GBX 145 ($1.80) to GBX 154 ($1.91) in a research report on Wednesday, August 31st. HSBC upped their target price on Londonmetric Property PLC from GBX 142 ($1.76) to GBX 163 ($2.02) and gave the company a “hold” rating in a research report on Friday, September 30th. Numis Securities Ltd dropped their target price on Londonmetric Property PLC from GBX 160 ($1.98) to GBX 150 ($1.86) and set a “hold” rating on the stock in a research report on Tuesday, August 16th. Finally, Jefferies Group upgraded Londonmetric Property PLC to a “buy” rating and set a GBX 172 ($2.13) target price on the stock in a research report on Thursday, October 27th. One research analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company. Londonmetric Property PLC has a consensus rating of “Hold” and an average target price of GBX 170.44 ($2.11).
Londonmetric Property PLC (LON:LMP) opened at 143.10 on Wednesday. The company’s market cap is GBX 893.08 million. Londonmetric Property PLC has a 1-year low of GBX 133.90 and a 1-year high of GBX 167.80. The firm’s 50-day moving average is GBX 147.69 and its 200 day moving average is GBX 156.35.
About Londonmetric Property PLC
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.
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