Londonmetric Property Given “Hold” Rating at Numis Securities Ltd (LMP)
Londonmetric Property (LON:LMP)‘s stock had its “hold” rating reiterated by analysts at Numis Securities Ltd in a research report issued to clients and investors on Tuesday, StockRatingsNetwork.com reports. They currently have a GBX 115 ($1.80) target price on the stock. Numis Securities Ltd’s target price indicates a potential upside of 2.22% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Londonmetric Property (LON:LMP) in a research note to investors on Tuesday, September 3rd. Separately, analysts at Morgan Stanley raised their price target on shares of Londonmetric Property (LON:LMP) from GBX 102 ($1.59) to GBX 113 ($1.77) in a research note to investors on Wednesday, August 28th. They now have an “underweight” rating on the stock. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of Londonmetric Property (LON:LMP) in a research note to investors on Monday, August 12th. They now have a GBX 105 ($1.64) price target on the stock.
One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the stock. Londonmetric Property presently has an average rating of “Hold” and an average price target of GBX 117.11 ($1.83).
Londonmetric Property (LON:LMP) traded up 1.96% on Tuesday, hitting GBX 114.70. The stock had a trading volume of 1,419,573 shares. Londonmetric Property has a 52-week low of GBX 102.50 and a 52-week high of GBX 122.10. The stock’s 50-day moving average is GBX 113.2 and its 200-day moving average is GBX 111.7.
Londonmetric Property PLC, formerly London & Stamford Property Plc, is a United Kingdom-based real estate investment trust (LON:LMP).
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