Londonmetric Property PLC with ticker (LON:LMP) now has a potential upside of 18.6% according to Berenberg Bank.
Berenberg Bank set a target price of 229 GBX for the company, which when compared to the Londonmetric Property PLC share price of 193 GBX at opening today (14/03/2024) indicates a potential upside of 18.6%. Trading has ranged between 152 (52 week low) and 205 (52 week high) with an average of 4,416,982 shares exchanging hands daily. The market capitalisation at the time of writing is £3,941,094,029.
LondonMetric Property Plc is a United Kingdom-based real estate investment trust (REIT). The principal activity of the Company is to invest in commercial property, namely distribution and grocery-led long income. It owns and manages predominantly United Kingdom property specializing in logistics, healthcare, convenience, and leisure sectors. Its objective is to own and manage desirable real estate that can deliver reliable, repetitive and growing income-led total returns and outperform over the long term. Its assets consists of Ramsay Rivers Hospital, Sawbridgeworth; Alton Towers Park, Alton; Bedford Link, Bedford; Primark, Islip; Eddie Stobart, Dagenham, and Thorpe Park Egham, among others.
Londonmetric Property PLC 18.6% potential upside indicated by Berenberg Bank
- Written by: Charlotte Edwards
Latest Company News
LondonMetric Property has announced that Chief Financial Officer Martin McGann will retire in summer 2027, following the company's full-year...
LondonMetric Property Plc reports an increase of more than 8% in net rental income to approximately £240 million for...
LondonMetric has completed or agreed £105 million of investment activity since July, including £85 million of asset sales, while...
LondonMetric Property Plc has backed a recommended joint offer for Picton Property Income, outlining valuation metrics, portfolio split and...
LondonMetric Property Plc reports £139 million of investment transactions since 1 April 2026, alongside higher rental income and improved...
LondonMetric Property Plc has confirmed to The Panel that it has complied with its stated post-offer intentions following the...
