Several brokerages have updated their recommendations and price targets on shares of Londonmetric Property PLC (LON: LMP) in the last few weeks:

  • 3/31/2017 – Londonmetric Property PLC had its “overweight” rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a GBX 175 ($2.20) price target on the stock.
  • 3/30/2017 – Londonmetric Property PLC was upgraded by analysts at HSBC Holdings plc to a “buy” rating. They now have a GBX 166 ($2.09) price target on the stock, up previously from GBX 163 ($2.05).
  • 3/29/2017 – Londonmetric Property PLC had its “hold” rating reaffirmed by analysts at Liberum Capital. They now have a GBX 155 ($1.95) price target on the stock.
  • 3/28/2017 – Londonmetric Property PLC had its “add” rating reaffirmed by analysts at Peel Hunt. They now have a GBX 170 ($2.14) price target on the stock.
  • 3/23/2017 – Londonmetric Property PLC had its “hold” rating reaffirmed by analysts at Numis Securities Ltd. They now have a GBX 150 ($1.89) price target on the stock.
  • 3/23/2017 – Londonmetric Property PLC had its “hold” rating reaffirmed by analysts at Liberum Capital. They now have a GBX 155 ($1.95) price target on the stock.
  • 3/13/2017 – Londonmetric Property PLC had its “hold” rating reaffirmed by analysts at Liberum Capital. They now have a GBX 155 ($1.95) price target on the stock.

Shares of Londonmetric Property PLC (LON:LMP) traded up 0.60% during mid-day trading on Tuesday, hitting GBX 167.00. The company had a trading volume of 1,771,886 shares. The company’s market capitalization is GBX 1.04 billion. The firm’s 50-day moving average price is GBX 156.60 and its 200 day moving average price is GBX 151.13. Londonmetric Property PLC has a one year low of GBX 133.90 and a one year high of GBX 167.80.

The business also recently disclosed a dividend, which will be paid on Tuesday, April 18th. Investors of record on Thursday, March 16th will be given a GBX 1.80 ($0.02) dividend. This represents a yield of 1.17%. The ex-dividend date of this dividend is Thursday, March 16th.

In related news, insider Andrew Livingston acquired 32,895 shares of the company’s stock in a transaction that occurred on Thursday, March 23rd. The stock was purchased at an average price of GBX 152 ($1.91) per share, for a total transaction of £50,000.40 ($62,933.17).

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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