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

Shares of LondonMetric Property Plc (LON:LMP) have been assigned a consensus rating of “Moderate Buy” from the six brokerages that are currently covering the firm, Marketbeat.com 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 twelve-month price target among brokerages that have issued ratings on the stock in the last year is GBX 227.20.

A number of equities research analysts have recently issued reports on LMP shares. Berenberg Bank dropped their target price on shares of LondonMetric Property from GBX 282 to GBX 252 and set a “buy” rating for the company in a report on Wednesday, June 17th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 230 price target on shares of LondonMetric Property in a research note on Wednesday, May 13th. Finally, Shore Capital Group restated a “buy” rating on shares of LondonMetric Property in a research report on Tuesday, May 12th.

LondonMetric Property Stock Down 0.9%

LON LMP opened at GBX 196.20 on Friday. The business has a fifty day moving average price of GBX 188.33 and a 200 day moving average price of GBX 193.13. LondonMetric Property has a one year low of GBX 175.30 and a one year high of GBX 216.20. The company has a debt-to-equity ratio of 63.49, a quick ratio of 0.81 and a current ratio of 1.78. The company has a market cap of £4.58 billion, a P/E ratio of 15.09, a P/E/G ratio of 3.27 and a beta of 1.02.

LondonMetric Property (LON:LMP) last announced its quarterly earnings data on Thursday, May 21st. The company reported GBX 16.21 earnings per share for the quarter. LondonMetric Property had a return on equity of 6.29% and a net margin of 63.65%.The company had revenue of £464.60 million for the quarter. Research analysts anticipate that LondonMetric Property will post 13.7260274 EPS for the current fiscal year.

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.