LondonMetric Property Plc (LON:LMP) Stock Rated “Moderate Buy” by Sell-Side Brokerages

LondonMetric Property Plc (LON:LMP) has earned a consensus rating of “Moderate Buy” from the six ratings firms that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is GBX 225.80.

Separately, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 217 price target on shares of LondonMetric Property in a research report on Monday, November 2nd.

LondonMetric Property Trading Down 0.1%

Shares of LMP stock opened at GBX 187.80 on Monday. The stock has a 50-day simple moving average of GBX 180.04 and a 200 day simple moving average of GBX 189.72. The stock has a market capitalization of £4.58 billion, a P/E ratio of 14.45, a P/E/G ratio of 3.27 and a beta of 1.00. LondonMetric Property has a fifty-two week low of GBX 170.20 and a fifty-two week high of GBX 216.20. The company has a quick ratio of 0.81, a current ratio of 1.78 and a debt-to-equity ratio of 63.49.

About LondonMetric Property

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.