Londonmetric Property PLC 10.8% potential upside indicated by JP Morgan

Broker Ratings

Londonmetric Property PLC with ticker (LON:LMP) now has a potential upside of 10.8% according to JP Morgan Cazenove.

JP Morgan Cazenove set a target price of 305 GBX for the company, which when compared to the Londonmetric Property PLC share price of 272 GBX at opening today (25/11/2021) indicates a potential upside of 10.8%. Trading has ranged between 205 (52 week low) and 281 (52 week high) with an average of 2,913,679 shares exchanging hands daily. The market capitalisation at the time of writing is £2,682,784,593.

LondonMetric Property Plc is a United Kingdom-based real estate investment trust (REIT) that specializes in property investment and development. The Company is primarily focused on investing and operating various real estate properties, which include logistics, distribution, long income assets, retail parks, office and residential properties with approximately 16 million square foot (sq ft) under management. The Company’s subsidiaries include Metric Property Investments Limited, Metric Property Finance 1 Limited, Metric LP Income Plus Limited, LSI (Investments) Limited, LSI Developments Limited, LondonMetric Saturn Limited, LondonMetric Retail Distribution II Limited, LondonMetric Liverpool Limited and LondomMetric Distribution Limited.

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