Londonmetric Property PLC Stock Rating Reaffirmed by Jefferies Group (LMP)
Londonmetric Property PLC (LON:LMP)‘s stock had its “buy” rating reaffirmed by research analysts at Jefferies Group in a report released on Tuesday. They currently have a GBX 155 ($2.60) price objective on the stock. Jefferies Group’s price objective points to a potential upside of 11.27% from the stock’s previous close.
Shares of Londonmetric Property PLC (LON:LMP) traded down 0.43% on Tuesday, hitting GBX 138.70. The stock had a trading volume of 588,604 shares. Londonmetric Property PLC has a 52-week low of GBX 105.00 and a 52-week high of GBX 150.00. 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 £868.0 million.
A number of other firms have also recently commented on LMP. Analysts at Oriel Securities Ltd reiterated an “add” rating on shares of Londonmetric Property PLC in a research note on Thursday, August 7th. Separately, analysts at Liberum Capital reiterated a “hold” rating on shares of Londonmetric Property PLC in a research note on Thursday, August 7th. They now have a GBX 142 ($2.38) price target on the stock. Finally, analysts at Cantor Fitzgerald Europe reiterated a “buy” rating on shares of Londonmetric Property PLC in a research note on Thursday, August 7th. They now have a GBX 160 ($2.68) price target on the stock. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of GBX 142 ($2.38).
Londonmetric Property PLC, formerly London & Stamford Property Plc, is a United Kingdom-based real estate investment trust (LON:LMP).
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