Separately, Peel Hunt restated an add rating on shares of Londonmetric Property in a research report on Monday, January 7th. Six analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Londonmetric Property presently has a consensus rating of Hold and a consensus price target of GBX 191 ($2.50).
LON LMP opened at GBX 186.70 ($2.44) on Friday. Londonmetric Property has a twelve month low of GBX 149.10 ($1.95) and a twelve month high of GBX 189.10 ($2.47).
In other Londonmetric Property news, insider Patrick Vaughan sold 11,000 shares of the business’s stock in a transaction on Thursday, December 20th. The stock was sold at an average price of GBX 183 ($2.39), for a total value of £20,130 ($26,303.41).
Londonmetric Property Company Profile
LondonMetric is a FTSE 250 REIT (ticker: LMP) that specialises in distribution, convenience and long income property. It focuses on strong and growing income and enhancing capital values. LondonMetric has 13 million sq ft under management.
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