JP Morgan Cazenove Has Just Reaffirmed GBX 195.00 Target Price Per Share on Londonmetric Property (LON:LMP) stock, While They’ve Also Reiterated Their “Overweight” Rating

June 20, 2017 - By reb123z

Londonmetric Property (LON:LMP) Rating Reaffirmed

Equity research analysts at JP Morgan Cazenove now has a GBX 195.00 target price per share on Londonmetric Property (LON:LMP). JP Morgan Cazenove and their recent target price per share suggests a potential upside of 13.44 % from the company’s close price. The rating has been revealed to clients and investors in a research note on Tuesday morning.

Londonmetric Property PLC (LON:LMP) Ratings Coverage

Among 9 analysts covering LondonMetric Property (LON:LMP), 5 have Buy rating, 1 Sell and 3 Hold. Therefore 56% are positive. LondonMetric Property has GBX 199 highest and GBX 150 lowest target. GBX 175.22’s average target is 2.05% above currents GBX 171.7 stock price. LondonMetric Property had 78 analyst reports since August 5, 2015 according to SRatingsIntel. Liberum Capital maintained the stock with “Hold” rating in Monday, March 13 report. The rating was maintained by Liberum Capital with “Hold” on Monday, January 25. Liberum Capital maintained Londonmetric Property PLC (LON:LMP) on Thursday, March 17 with “Hold” rating. As per Thursday, June 2, the company rating was maintained by JP Morgan. The company was maintained on Friday, August 28 by Canaccord Genuity. Jefferies maintained it with “Hold” rating and GBX 185 target in Thursday, June 1 report. As per Wednesday, November 30, the company rating was maintained by Peel Hunt. The firm earned “Hold” rating on Tuesday, May 10 by Liberum Capital. The stock of Londonmetric Property PLC (LON:LMP) has “Overweight” rating given on Tuesday, September 1 by JP Morgan. HSBC maintained it with “Hold” rating and GBX 169 target in Wednesday, October 7 report.

The stock increased 0.12% or GBX 0.2 on June 20, reaching GBX 171.7. About 1.44M shares traded. Londonmetric Property PLC (LON:LMP) has 0.00% since June 20, 2016 and is . It has underperformed by 16.70% the S&P500.

LondonMetric Property Plc is a property investment and development company. The company has market cap of 1.19 billion GBP. The Company’s divisions include Retail, Distribution, Offices, Residential and Development. It has a 17.1 P/E ratio. The Firm is involved in retailer-led distribution, out of town and convenience retail.

Another recent and important Londonmetric Property PLC (LON:LMP) news was published by Fool.Co.Uk which published an article titled: “Build A Strong Portfolio With 5 Top Quality REITs: Londonmetric Property PLC …” on January 27, 2015.

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