Londonmetric Property PLC 25.4% potential upside indicated by Barclays

Broker Ratings

Londonmetric Property PLC with ticker (LON:LMP) now has a potential upside of 25.4% according to Barclays.

Barclays set a target price of 320 GBX for the company, which when compared to the Londonmetric Property PLC share price of 239 GBX at opening today (17/06/2022) indicates a potential upside of 25.4%. Trading has ranged between 229 (52 week low) and 287 (52 week high) with an average of 3,551,809 shares exchanging hands daily. The market capitalisation at the time of writing is £2,373,908,980.

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 17 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, LondomMetric Distribution Limited, LondonMetric Swindon Limited, LondonMetric Retail Limited, LondonMetric Derby Limited, LondonMetric Leisure Limited, LondonMetric Logistics Limited and A & J Mucklow Group Limited.

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