LondonMetric Property’s (LMP) “Buy” Rating Reaffirmed at Shore Capital Group

LondonMetric Property (LON:LMP – Get Free Report)‘s stock had its “buy” rating reiterated by Shore Capital Group in a note issued to investors on Tuesday,Digital Look reports.

Several other analysts have also recently weighed in on the stock. The Goldman Sachs Group dropped their price target on shares of LondonMetric Property from GBX 210 to GBX 190 and set a “neutral” rating for the company in a research note on Monday, March 30th. Berenberg Bank increased their price target on shares of LondonMetric Property from GBX 269 to GBX 282 and gave the company a “buy” rating in a research note on Tuesday, January 27th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of GBX 233.20.

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LondonMetric Property Stock Performance

LondonMetric Property stock opened at GBX 184.50 on Tuesday. The firm has a 50 day simple moving average of GBX 191.98 and a 200-day simple moving average of GBX 193.80. LondonMetric Property has a 1-year low of GBX 175.30 and a 1-year high of GBX 216.20. The company has a debt-to-equity ratio of 60.64, a current ratio of 0.38 and a quick ratio of 0.81. The stock has a market cap of £4.31 billion, a price-to-earnings ratio of 12.38, a price-to-earnings-growth ratio of 3.27 and a beta of 1.02.

LondonMetric Property Company Profile

(Get Free Report)

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.

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