Londonmetric Property PLC (LON:LMP) insider Patrick Vaughan sold 134,745 shares of the business’s stock in a transaction dated Friday, January 26th. The shares were sold at an average price of GBX 180 ($2.53), for a total value of £242,541 ($340,599.63).
Londonmetric Property PLC (LON:LMP) opened at GBX 178.30 ($2.50) on Tuesday. The firm has a market capitalization of $1,240.00 and a PE ratio of 742.92. Londonmetric Property PLC has a fifty-two week low of GBX 145.90 ($2.05) and a fifty-two week high of GBX 189.10 ($2.66).
Londonmetric Property (LON:LMP) last released its quarterly earnings results on Wednesday, November 29th. The company reported GBX 4.20 ($0.06) earnings per share for the quarter, hitting analysts’ consensus estimates of GBX 4.20 ($0.06). The company had revenue of GBX 4,063 million during the quarter. Londonmetric Property had a return on equity of 15.33% and a net margin of 192.05%.
Several equities analysts have recently issued reports on LMP shares. Canaccord Genuity boosted their price objective on Londonmetric Property from GBX 160 ($2.25) to GBX 175 ($2.46) and gave the company a “hold” rating in a report on Friday, December 22nd. Numis Securities reissued a “hold” rating and issued a GBX 163 ($2.29) price objective on shares of Londonmetric Property in a report on Thursday, October 19th. Liberum Capital reissued a “hold” rating and issued a GBX 170 ($2.39) price objective on shares of Londonmetric Property in a report on Tuesday, November 21st. Peel Hunt boosted their price objective on Londonmetric Property from GBX 180 ($2.53) to GBX 195 ($2.74) and gave the company an “add” rating in a report on Wednesday, November 29th. Finally, JPMorgan Chase & Co. cut Londonmetric Property to a “neutral” rating and set a GBX 200 ($2.81) price objective for the company. in a report on Monday, January 15th. Six analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of GBX 180.63 ($2.54).
TRADEMARK VIOLATION NOTICE: “Insider Selling: Londonmetric Property PLC (LMP) Insider Sells 134,745 Shares of Stock” was first reported by American Banking News and is the sole property of of American Banking News. If you are accessing this news story on another site, it was illegally stolen and reposted in violation of US and international trademark and copyright laws. The original version of this news story can be viewed at https://www.americanbankingnews.com/2018/01/30/insider-selling-londonmetric-property-plc-lmp-insider-sells-134745-shares-of-stock.html.
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.
Receive News & Ratings for Londonmetric Property Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Londonmetric Property and related companies with MarketBeat.com's FREE daily email newsletter.