LondonMetric Property Plc (LON:LMP) Given Consensus Rating of “Moderate Buy” by Analysts

by · The Cerbat Gem

LondonMetric Property Plc (LON:LMP – Get Free Report) has received a consensus rating of “Moderate Buy” from the six research firms that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is GBX 233.20.

A number of brokerages have issued reports on LMP. Berenberg Bank reissued a “buy” rating and set a GBX 282 price objective on shares of LondonMetric Property in a research report on Thursday, May 21st. The Goldman Sachs Group reduced their price objective on shares of LondonMetric Property from GBX 210 to GBX 190 and set a “neutral” rating on the stock in a research report on Monday, March 30th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 230 price objective on shares of LondonMetric Property in a research report on Wednesday, May 13th. Finally, Shore Capital Group reissued a “buy” rating on shares of LondonMetric Property in a research report on Tuesday, May 12th.

Get Our Latest Stock Analysis on LondonMetric Property

LondonMetric Property Price Performance

LMP opened at GBX 185.60 on Friday. The company has a debt-to-equity ratio of 63.49, a quick ratio of 0.81 and a current ratio of 1.78. The stock has a market capitalization of £4.33 billion, a PE ratio of 14.28, a price-to-earnings-growth ratio of 3.27 and a beta of 1.02. The stock’s 50 day moving average price is GBX 187.99 and its 200-day moving average price is GBX 192.56. LondonMetric Property has a 52-week low of GBX 175.30 and a 52-week high of GBX 216.20.

LondonMetric Property (LON:LMP – Get Free Report) last announced its quarterly earnings results on Thursday, May 21st. The company reported GBX 16.21 EPS for the quarter. The company had revenue of £464.60 million during the quarter. LondonMetric Property had a return on equity of 6.29% and a net margin of 63.65%. On average, equities research analysts predict that LondonMetric Property will post 13.7260274 EPS for the current year.

LondonMetric Property Company Profile

(Get Free Report)

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.

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