Liberum Capital Reiterates “Hold” Rating for Londonmetric Property PLC (LMP)
Londonmetric Property PLC (LON:LMP)‘s stock had its “hold” rating reiterated by Liberum Capital in a research note issued on Thursday. They currently have a GBX 142 ($2.39) price objective on the stock. Liberum Capital’s target price would indicate a potential upside of 3.20% from the stock’s previous close.
A number of other analysts have also recently weighed in on LMP. Analysts at Cantor Fitzgerald Europe reiterated a “buy” rating on shares of Londonmetric Property PLC in a research note on Thursday. They now have a GBX 160 ($2.69) price target on the stock. Separately, analysts at Oriel Securities Ltd upgraded shares of Londonmetric Property PLC to an “add” rating in a research note on Friday, July 11th. Finally, analysts at Oriel Securities Ltd reiterated a “hold” rating on shares of Londonmetric Property PLC in a research note on Monday, June 23rd. One analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 139.60 ($2.35).
Shares of Londonmetric Property PLC (LON:LMP) traded up 0.29% during mid-day trading on Thursday, hitting GBX 137.60. 1,235,875 shares of the company’s stock traded hands. Londonmetric Property PLC has a 52-week low of GBX 102.50 and a 52-week high of GBX 148.50. The stock has a 50-day moving average of GBX 143.3 and a 200-day moving average of GBX 134.. The company’s market cap is £861.1 million.
Londonmetric Property PLC, formerly London & Stamford Property Plc, is a United Kingdom-based real estate investment trust (LON:LMP).
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