Londonmetric Property PT Raised to GBX 134 (LMP)
Equities researchers at Jefferies Group increased their price objective on shares of Londonmetric Property (LON:LMP) from GBX 127 ($2.09) to GBX 134 ($2.21) in a research report issued on Wednesday, AmericanBankingNews.com reports. The firm currently has a “hold” rating on the stock. Jefferies Group’s price target points to a potential downside of 3.04% from the company’s current price.
Shares of Londonmetric Property (LON:LMP) traded up 0.14% on Wednesday, hitting GBX 138.20. The stock had a trading volume of 1,136,224 shares. Londonmetric Property has a 1-year low of GBX 102.50 and a 1-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..
Several other analysts have also recently commented on the stock. Analysts at Cantor Fitzgerald Europe 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. Finally, analysts at Liberum Capital reiterated a “hold” rating on shares of Londonmetric Property in a research note to investors on Friday, January 10th. They now have a GBX 133 ($2.19) price target on the stock. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the stock. Londonmetric Property has an average rating of “Hold” and a consensus price target of GBX 128.09 ($2.11).
Londonmetric Property PLC, formerly London & Stamford Property Plc, is a United Kingdom-based real estate investment trust (LON:LMP).
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