Londonmetric Property Stock Rating Reaffirmed by Jefferies Group (LMP)
Londonmetric Property (LON:LMP)‘s stock had its “hold” rating restated by investment analysts at Jefferies Group in a note issued to investors on Monday, AmericanBankingNews.com reports. They currently have a GBX 116 ($1.85) price target on the stock. Jefferies Group’s price objective suggests a potential downside of 6.15% from the stock’s previous close.
A number of other analysts have also recently weighed in on LMP. Analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Londonmetric Property in a research note to investors on Tuesday, September 10th. They now have a GBX 115 ($1.84) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Londonmetric Property in a research note to investors on Tuesday, September 3rd. Finally, analysts at Morgan Stanley raised their price target on shares of Londonmetric Property from GBX 102 ($1.63) to GBX 113 ($1.80) in a research note to investors on Wednesday, August 28th. They now have an “underweight” rating on the stock. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of GBX 118.48 ($1.89).
Shares of Londonmetric Property (LON:LMP) traded up 1.39% during mid-day trading on Monday, hitting GBX 123.60. The stock had a trading volume of 894,826 shares. Londonmetric Property has a one year low of GBX 102.50 and a one year high of GBX 122.00. The stock’s 50-day moving average is GBX 0. and its 200-day moving average is GBX 0..
Londonmetric Property PLC, formerly London & Stamford Property Plc, is a United Kingdom-based real estate investment trust (LON:LMP).
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.