LondonMetric Property (LON:LMP) Stock Keeps Buy Rating at Jefferies Financial Group

by · The Markets Daily

LondonMetric Property (LON:LMP – Get Free Report)‘s stock had its “buy” rating reissued by analysts at Jefferies Financial Group in a report issued on Thursday, Digital Look reports. They currently have a GBX 217 target price on the stock. Jefferies Financial Group’s target price would indicate a potential upside of 21.09% from the stock’s previous close.

Separately, Berenberg Bank cut their price target on LondonMetric Property from GBX 282 to GBX 252 and set a “buy” rating for the company in a report on Wednesday, June 17th. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of GBX 225.80.

Check Out Our Latest Report on LondonMetric Property

LondonMetric Property Trading Up 0.7%

Shares of LondonMetric Property stock opened at GBX 179.20 on Thursday. The stock has a market cap of £4.37 billion, a P/E ratio of 13.78, a P/E/G ratio of 3.27 and a beta of 1.01. The stock’s 50 day simple moving average is GBX 183.18 and its 200-day simple moving average is GBX 186.75. LondonMetric Property has a 1-year low of GBX 170.20 and a 1-year high of GBX 216.20. The company has a debt-to-equity ratio of 63.49, a current ratio of 1.78 and a quick ratio of 0.81.

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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