Londonmetric Property Price Target Raised to GBX 160 at Cantor Fitzgerald Europe (LMP)
Analysts at Cantor Fitzgerald Europe increased their target price on shares of Londonmetric Property (LON:LMP) from GBX 150 ($2.47) to GBX 160 ($2.64) in a research report issued to clients and investors on Monday, AnalystRatingsNetwork reports. The firm currently has a “buy” rating on the stock. Cantor Fitzgerald Europe’s target price suggests a potential upside of 16.58% from the company’s current price.
Shares of Londonmetric Property (LON:LMP) opened at 136.21 on Monday. Londonmetric Property has a one year low of GBX 102.50 and a one year high of GBX 141.00. The stock’s 50-day moving average is GBX 0. and its 200-day moving average is GBX 0..
LMP has been the subject of a number of other recent research reports. Analysts at Cantor Fitzgerald raised their price target on shares of Londonmetric Property from GBX 150 ($2.47) to GBX 160 ($2.64) in a research note to investors on Monday. They now have a “buy” rating on the stock. Separately, analysts at Liberum Capital reiterated a “hold” rating on shares of Londonmetric Property in a research note to investors on Friday. They now have a GBX 133 ($2.19) price target on the stock. One analyst has rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of GBX 128.59 ($2.12).
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.