Londonmetric Property Given New GBX 160 Price Target at Cantor Fitzgerald Europe (LMP)
Analysts at Cantor Fitzgerald Europe upped their price objective 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, Analyst Ratings Net reports. The firm currently has a “buy” rating on the stock. Cantor Fitzgerald Europe’s price objective suggests a potential upside of 12.99% from the stock’s previous close.
Shares of Londonmetric Property (LON:LMP) opened at 141.60 on Monday. Londonmetric Property has a 52-week low of GBX 102.50 and a 52-week high of GBX 141.00. The stock has a 50-day moving average of GBX 0. and a 200-day moving average of GBX 0..
Other equities research analysts have also recently issued reports about the stock. 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. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of Londonmetric Property in a research note to investors on Wednesday, December 11th. They now have a GBX 127 ($2.09) price target on the stock. One research analyst has rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the stock. Londonmetric Property presently has a consensus 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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