Liberum Capital Reaffirms “Hold” Rating for Londonmetric Property PLC (LMP)
Londonmetric Property PLC (LON:LMP)‘s stock had its “hold” rating reaffirmed by research analysts at Liberum Capital in a report released on Monday. They currently have a GBX 142 ($2.36) price target on the stock. Liberum Capital’s price objective would suggest a potential upside of 1.07% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Jefferies Group reiterated a “buy” rating on shares of Londonmetric Property PLC in a research note on Tuesday, August 12th. They now have a GBX 155 ($2.57) price target on the stock. Separately, analysts at Oriel Securities Ltd reiterated an “add” rating on shares of Londonmetric Property PLC in a research note on Thursday, August 7th. 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 ($2.66) price target on the stock. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Londonmetric Property PLC has a consensus rating of “Buy” and an average price target of GBX 149.25 ($2.48).
Londonmetric Property PLC (LON:LMP) traded down 0.07% on Monday, hitting GBX 140.40. The stock had a trading volume of 243,765 shares. Londonmetric Property PLC has a 1-year low of GBX 105.00 and a 1-year 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 £878.6 million.
Londonmetric Property PLC, formerly London & Stamford Property Plc, is a United Kingdom-based real estate investment trust (LON:LMP).
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