Breaking: Londonmetric Property (LON:LMP) Overweight Rating Maintained by research analysts JP Morgan Cazenove Today; The PT Given is GBX 190.00

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Londonmetric Property (LON:LMP) Rating Reaffirmed

They currently have a GBX 190.00 Estimated Target Price on Londonmetric Property (LON:LMP). The target price by JP Morgan Cazenove would suggest a potential upside of 20.25% from the company’s price per share. This has been disclosed to clients in a very recent research note on Wednesday morning.

From a total of 11 analysts covering LondonMetric Property (LON:LMP) stock, 5 rate it a ”Buy”, 1 a “Sell”, and 4 a ”Hold”. This means that 50% of the ratings are positive. The highest target price is GBX 199 while the lowest target price is GBX 160. The mean of all analyst targets is GBX 176.64 with a 12.17% above today’s (GBX 158.4) stock price. LondonMetric Property was the topic of 23 analyst reports since August 5, 2015 according to the firm StockzIntelligence Inc. JP Morgan maintained shares on December 16 with “Overweight” rating. Numis Securities maintained shares with “Hold” rating and GBX 165 target share price in a report from a November 26. Canaccord Genuity maintained LMP stock in a recent report from December 10 with “Buy” rating. Peel Hunt downgraded the rating on November 26. Peel Hunt has a “Add” rating and a GBX 175 price target on shares. Finally, Jefferies maintained the stock with “Hold” rating in a report issued on a November 27.

Approximately 191,634 shares of stock traded hands. Londonmetric Property PLC (LON:LMP) has declined 6.38% since May 19, 2015 and is downtrending. It has underperformed by 3.75% the S&P500.

Breaking: Londonmetric Property (LON:LMP) Overweight Rating Maintained by research analysts JP Morgan Cazenove Today; The PT Given is GBX 190.00

LondonMetric Property plc is a United Kingdom property investment and development company. The company has a market cap of 986.66 million GBP. The Company’s divisions include Retail, Distribution, Offices, Residential and Development. It has 6.43 P/E ratio. The Firm is involved in retailer-led distribution, out of town and convenience retail.

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