Londonmetric Property (LON:LMP)‘s stock had its “hold” rating restated by Jefferies Group in a report released on Thursday. They presently have a GBX 190 ($2.58) target price on the stock. Jefferies Group’s price objective would indicate a potential upside of 5.56% from the stock’s current price.
A number of other research firms have also recently commented on LMP. Peel Hunt reissued an “add” rating and issued a GBX 195 ($2.64) target price on shares of Londonmetric Property in a research note on Friday, January 5th. Liberum Capital reissued a “hold” rating and issued a GBX 170 ($2.31) target price on shares of Londonmetric Property in a research note on Monday, January 8th. Canaccord Genuity increased their target price on Londonmetric Property from GBX 160 ($2.17) to GBX 175 ($2.37) and gave the company a “hold” rating in a research note on Friday, December 22nd. Numis Securities reissued a “hold” rating and issued a GBX 163 ($2.21) target price (down previously from GBX 172 ($2.33)) on shares of Londonmetric Property in a research note on Wednesday, November 29th. Finally, Stifel Nicolaus reissued a “buy” rating and issued a GBX 177 ($2.40) target price on shares of Londonmetric Property in a research note on Thursday, November 30th. Six research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Londonmetric Property has a consensus rating of “Hold” and a consensus price target of GBX 180.63 ($2.45).
Londonmetric Property (LON LMP) traded down GBX 2 ($0.03) during trading on Thursday, hitting GBX 180 ($2.44). 932,548 shares of the stock traded hands, compared to its average volume of 1,100,000. The company has a market capitalization of $1,250.00 and a PE ratio of 750.00. Londonmetric Property has a 52-week low of GBX 145.50 ($1.97) and a 52-week high of GBX 189.10 ($2.56).
Londonmetric Property Company Profile
LondonMetric Property Plc is a property investment and development company. The Company’s segments include Retail, Distribution, Offices, Residential and Development. The Company is involved in retailer-led distribution, out of town and convenience retail. The Company’s portfolio includes distribution and retail businesses across the United Kingdom.
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