Londonmetric Property PLC (LMP) Stock Rating Reaffirmed by Peel Hunt
Londonmetric Property PLC (LON:LMP)‘s stock had its “add” rating reissued by stock analysts at Peel Hunt in a report released on Monday. They presently have a GBX 180 ($2.42) price target on the stock. Peel Hunt’s target price would suggest a potential upside of 8.30% from the company’s current price.
A number of other analysts have also weighed in on LMP. Liberum Capital reissued a “hold” rating and issued a GBX 155 ($2.08) price objective on shares of Londonmetric Property PLC in a research report on Monday. J P Morgan Chase & Co boosted their target price on Londonmetric Property PLC from GBX 175 ($2.35) to GBX 195 ($2.62) and gave the company an “overweight” rating in a research report on Tuesday, June 20th. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 172.17 ($2.32).
Shares of Londonmetric Property PLC (LON:LMP) opened at 166.40 on Monday. The stock’s market cap is GBX 1.14 billion. The firm has a 50-day moving average price of GBX 167.71 and a 200 day moving average price of GBX 165.41. Londonmetric Property PLC has a 12-month low of GBX 138.30 and a 12-month high of GBX 175.20.
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Londonmetric Property PLC 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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