Londonmetric Property PLC (LMP) Declares Dividend of GBX 1.80
Londonmetric Property PLC (LON:LMP) declared a dividend on Wednesday, November 30th. Investors of record on Thursday, December 8th will be paid a dividend of GBX 1.80 ($0.02) per share on Wednesday, January 11th. This represents a yield of 1.26%. The ex-dividend date of this dividend is Thursday, December 8th. The official announcement can be accessed at this link.
Londonmetric Property PLC (LON:LMP) opened at 143.00 on Thursday. The stock’s market cap is GBX 892.46 million. The company has a 50-day moving average of GBX 147.69 and a 200-day moving average of GBX 156.35. Londonmetric Property PLC has a 52 week low of GBX 133.90 and a 52 week high of GBX 167.80.
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A number of research analysts have issued reports on the stock. Peel Hunt restated an “add” rating and issued a GBX 170 ($2.11) target price on shares of Londonmetric Property PLC in a report on Wednesday. Numis Securities Ltd reiterated a “hold” rating and set a GBX 150 ($1.86) price objective on shares of Londonmetric Property PLC in a report on Wednesday. Liberum Capital cut their price objective on shares of Londonmetric Property PLC from GBX 170 ($2.11) to GBX 155 ($1.92) and set a “hold” rating on the stock in a report on Tuesday, November 1st. Jefferies Group increased their price objective on shares of Londonmetric Property PLC from GBX 165 ($2.05) to GBX 172 ($2.13) and gave the stock a “hold” rating in a report on Friday, August 19th. Finally, HSBC increased their price objective on shares of Londonmetric Property PLC from GBX 142 ($1.76) to GBX 163 ($2.02) and gave the stock a “hold” rating in a report on Friday, September 30th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company. Londonmetric Property PLC presently has a consensus rating of “Hold” and a consensus target price of GBX 170.44 ($2.11).
About Londonmetric Property PLC
LondonMetric Property Plc is a property investment and development company. The Company’s segments include Retail, Distribution, Offices, Residential and Development. The Company is involved in retailer-led distribution, out of town and convenience retail. The Company’s portfolio includes distribution and retail businesses across the United Kingdom.
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