LondonMetric Property Plc (LON:LMP) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of LondonMetric Property Plc (LON:LMP) have earned a consensus rating of “Moderate Buy” from the six analysts that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is GBX 233.20.

LMP has been the subject of a number of research reports. The Goldman Sachs Group lowered their price target on LondonMetric Property from GBX 210 to GBX 190 and set a “neutral” rating for the company in a research report on Monday, March 30th. Berenberg Bank increased their target price on shares of LondonMetric Property from GBX 269 to GBX 282 and gave the stock a “buy” rating in a research note on Tuesday, January 27th.

LondonMetric Property Stock Up 0.3%

LMP opened at GBX 187.40 on Monday. The firm’s fifty day moving average is GBX 199.14 and its 200 day moving average is GBX 192.44. LondonMetric Property has a fifty-two week low of GBX 167.10 and a fifty-two week high of GBX 216.20. The stock has a market cap of £4.38 billion, a price-to-earnings ratio of 12.58, a price-to-earnings-growth ratio of 3.27 and a beta of 1.00. The company has a debt-to-equity ratio of 60.64, a quick ratio of 0.81 and a current ratio of 0.38.

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.