The Goldman Sachs Group Cuts LondonMetric Property (LON:LMP) Price Target to GBX 190
by Amy Steele · The Cerbat Gem
LondonMetric Property (LON:LMP – Free Report) had its price target reduced by The Goldman Sachs Group from GBX 210 to GBX 190 in a research note released on Monday,London Stock Exchange reports. They currently have a neutral rating on the stock.
Other analysts have also recently issued research reports about the stock. Berenberg Bank boosted 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. Shore Capital Group reissued a “buy” rating on shares of LondonMetric Property in a report on Thursday, December 4th. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of GBX 233.20.
LondonMetric Property Price Performance
Shares of LON:LMP opened at GBX 185.50 on Monday. The company has a market cap of £4.33 billion, a price-to-earnings ratio of 12.45, a PEG ratio of 3.27 and a beta of 1.00. 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 firm has a 50 day simple moving average of GBX 199.63 and a 200 day simple moving average of GBX 192.22. LondonMetric Property has a one year low of GBX 167.10 and a one year high of GBX 216.20.
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.