LondonMetric Property (LON:LMP) Earns Buy Rating from Deutsche Bank Aktiengesellschaft

LondonMetric Property (LON:LMP)‘s stock had its “buy” rating reaffirmed by Deutsche Bank Aktiengesellschaft in a report issued on Wednesday,London Stock Exchange reports. They presently have a GBX 230 price objective on the stock. Deutsche Bank Aktiengesellschaft’s price objective suggests a potential upside of 25.55% from the company’s current price.

Other equities research analysts have also issued reports about the company. Berenberg Bank boosted their price objective on 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 reduced their target price 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. Finally, Shore Capital Group reaffirmed a “buy” rating on shares of LondonMetric Property in a research note on Tuesday. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 233.20.

LondonMetric Property Stock Down 0.5%

LondonMetric Property stock opened at GBX 183.20 on Wednesday. The business has a 50 day simple moving average of GBX 191.38 and a 200-day simple moving average of GBX 193.70. LondonMetric Property has a 12 month low of GBX 175.30 and a 12 month high of GBX 216.20. The stock has a market capitalization of £4.28 billion, a PE ratio of 12.30, a price-to-earnings-growth ratio of 3.27 and a beta of 1.02. The company has a debt-to-equity ratio of 60.64, a current ratio of 0.38 and a quick ratio of 0.81.

About LondonMetric Property

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.