Jefferies Group reissued their hold rating on shares of Londonmetric Property (LON:LMP) in a research report sent to investors on Thursday. The brokerage currently has a GBX 190 ($2.58) target price on the stock.
Several other brokerages also recently weighed in on LMP. Peel Hunt reaffirmed an add rating and set a GBX 195 ($2.64) price target on shares of Londonmetric Property in a research report on Friday, January 5th. Liberum Capital reissued a hold rating and set a GBX 170 ($2.31) target price on shares of Londonmetric Property in a research note on Monday, January 8th. Canaccord Genuity increased their target price on shares of Londonmetric Property from GBX 160 ($2.17) to GBX 175 ($2.37) and gave the stock a hold rating in a research note on Friday, December 22nd. Numis Securities reissued a hold rating and set a GBX 163 ($2.21) target price (down from GBX 172 ($2.33)) on shares of Londonmetric Property in a research note on Wednesday, November 29th. Finally, Stifel Nicolaus reissued a buy rating and set a GBX 177 ($2.40) target price on shares of Londonmetric Property in a research note on Thursday, November 30th. Six research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of Hold and a consensus price target of GBX 180.63 ($2.45).
Londonmetric Property (LON:LMP) traded down GBX 1 ($0.01) during midday trading on Thursday, hitting GBX 180 ($2.44). The company had a trading volume of 457,408 shares, compared to its average volume of 1,030,000. Londonmetric Property has a 52-week low of GBX 145.50 ($1.97) and a 52-week high of GBX 189.10 ($2.56). The firm has a market cap of $1,260.00 and a P/E ratio of 750.00.
The business also recently declared a dividend, which was paid on Wednesday, January 10th. Investors of record on Thursday, December 7th were paid a GBX 1.85 ($0.03) dividend. This represents a yield of 1.06%. The ex-dividend date of this dividend was Thursday, December 7th.
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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.
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