LondonMetric Property’s (LMP) “Buy” Rating Reiterated at Jefferies Financial Group

by · The Cerbat Gem

Jefferies Financial Group reaffirmed their buy rating on shares of LondonMetric Property (LON:LMP – Free Report) in a report published on Thursday,Digital Look reports. They currently have a GBX 217 price target on the stock.

Separately, Berenberg Bank reduced their price target 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. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, LondonMetric Property has a consensus rating of “Moderate Buy” and an average target price of GBX 225.80.

Check Out Our Latest Report on LondonMetric Property

LondonMetric Property Stock Up 0.2%

LMP opened at GBX 179.40 on Thursday. The business has a 50 day moving average price of GBX 182.54 and a two-hundred day moving average price of GBX 186.69. The company has a market cap of £4.37 billion, a PE ratio of 13.80, a P/E/G ratio of 3.27 and a beta of 1.01. LondonMetric Property has a 52 week low of GBX 170.20 and a 52 week high of GBX 216.20. The company has a quick ratio of 0.81, a current ratio of 1.78 and a debt-to-equity ratio of 63.49.

About LondonMetric Property

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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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