Liberum Capital Reaffirms Hold Rating for Londonmetric Property (LMP)

Liberum Capital reiterated their hold rating on shares of Londonmetric Property (LON:LMP) in a research note released on Wednesday.

A number of other equities research analysts have also recently commented on the company. Peel Hunt reiterated an add rating on shares of Londonmetric Property in a research note on Tuesday. Barclays assumed coverage on Londonmetric Property in a research note on Tuesday, October 2nd. They issued an overweight rating and a GBX 200 ($2.61) price target for the company. Seven analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus price target of GBX 189 ($2.47).

Londonmetric Property stock opened at GBX 175.70 ($2.30) on Wednesday. Londonmetric Property has a one year low of GBX 149.10 ($1.95) and a one year high of GBX 189.10 ($2.47).

Londonmetric Property (LON:LMP) last released its quarterly earnings results on Wednesday, November 28th. The company reported GBX 4.40 ($0.06) EPS for the quarter, meeting analysts’ consensus estimates of GBX 4.40 ($0.06).

The company also recently disclosed a dividend, which will be paid on Thursday, January 10th. Stockholders of record on Thursday, December 6th will be paid a GBX 1.90 ($0.02) dividend. This represents a dividend yield of 1.02%. The ex-dividend date is Thursday, December 6th.

In other news, insider Rosalyn Wilton acquired 50,000 shares of Londonmetric Property stock in a transaction dated Monday, September 17th. The stock was purchased at an average cost of GBX 183 ($2.39) per share, for a total transaction of £91,500 ($119,560.96).

About Londonmetric Property

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 adding value through asset management initiatives and short cycle developments. LondonMetric has 14 million sq ft under management.

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Analyst Recommendations for Londonmetric Property (LON:LMP)

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