LondonMetric Property (LON:LMP) Receives “Buy” Rating from Shore Capital Group

Shore Capital Group restated their buy rating on shares of LondonMetric Property (LON:LMP) in a research note published on Tuesday,Digital Look reports.

A number of other equities research analysts also recently weighed in on LMP. Berenberg Bank lifted their price target on shares of LondonMetric Property from GBX 269 to GBX 282 and gave the stock a “buy” rating in a research note on Tuesday, January 27th. The Goldman Sachs Group decreased their price target on shares of LondonMetric Property from GBX 210 to GBX 190 and set a “neutral” rating on the stock in a research note on Monday, March 30th. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of GBX 233.20.

LondonMetric Property Price Performance

LMP opened at GBX 184.20 on Tuesday. LondonMetric Property has a fifty-two week low of GBX 175.30 and a fifty-two week high of GBX 216.20. The company has a debt-to-equity ratio of 60.64, a current ratio of 0.38 and a quick ratio of 0.81. The firm’s fifty day moving average price is GBX 191.38 and its two-hundred day moving average price is GBX 193.70. The company has a market capitalization of £4.30 billion, a P/E ratio of 12.36, a P/E/G ratio of 3.27 and a beta of 1.02.

LondonMetric Property Company Profile

LondonMetric is a FTSE 100 REIT that owns and manages desirable real estate that meets occupiers demands and delivers reliable, repetitive and growing income-led returns and outperforms over the long term. As a real estate owner, we look to help occupiers, communities and stakeholders grow, thrive and revitalise in an evolving and complex world.