Londonmetric Property PLC with ticker (LON:LMP) now has a potential upside of 15.3% according to RBC Capital Markets.
RBC Capital Markets set a target price of 325 GBX for the company, which when compared to the Londonmetric Property PLC share price of 275 GBX at opening today (13/04/2022) indicates a potential upside of 15.3%. Trading has ranged between 215 (52 week low) and 287 (52 week high) with an average of 3,441,969 shares exchanging hands daily. The market capitalisation at the time of writing is £2,648,111,684.
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, LondomMetric Distribution Limited, LondonMetric Swindon Limited, LondonMetric Retail Limited, LondonMetric Derby Limited, LondonMetric Leisure Limited, LondonMetric Logistics Limited and A & J Mucklow Group Limited.
Londonmetric Property PLC 15.3% potential upside indicated by RBC Capital Markets
[shareaholic app="share_buttons" id_name="post_below_content"]
- Written by: Charlotte Edwards
Twitter
LinkedIn
Facebook
Email
Reddit
Telegram
WhatsApp
Pocket
Find more news, interviews, share price & company profile here for:
LondonMetric Property Plc sells 24 non-core properties for £57.9M, marking a strategic shift towards more profitable sectors with better income prospects.
LondonMetric Property Plc (LON:LMP) appoints Darren Richards as Chief Investment Officer, enhancing its leadership team to oversee a growing property portfolio.
LondonMetric Property Plc (LON:LMP) announces an 18.8% rise in its first quarterly interim dividend for FY 2024/25, now at 2.85 pence per share.
LondonMetric Property Plc (LON:LMP) announces sale of two offices in Scotland for £36.6 million, continuing strategy to exit non-core assets. Chief Executive Andrew Jones provides insight.
