Londonmetric Property PLC with ticker (LON:LMP) now has a potential upside of 11.7% according to JP Morgan.
JP Morgan set a target price of 305 GBX for the company, which when compared to the Londonmetric Property PLC share price of 269 GBX at opening today (20/01/2022) indicates a potential upside of 11.7%. Trading has ranged between 205 (52 week low) and 287 (52 week high) with an average of 2,825,110 shares exchanging hands daily. The market capitalisation at the time of writing is £2,628,540,073.
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.
Londonmetric Property PLC 11.7% potential upside indicated by JP Morgan
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- Written by: Anthony Fox
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