Kepler Capital Sticks to Their Buy Rating for LondonMetric Property (LMP)

Kepler Capital analyst Julian Livingston-Booth maintained a Buy rating on LondonMetric Property (LMP – Research Report) on May 9 and set a price target of p240.00. The company’s shares closed last Friday at p192.90.

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According to TipRanks, Livingston-Booth is ranked #2394 out of 9472 analysts.

Currently, the analyst consensus on LondonMetric Property is a Strong Buy with an average price target of p217.25.

Based on LondonMetric Property’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of p198 million and a net profit of p163.8 million. In comparison, last year the company earned a revenue of p78.2 million and had a net profit of p81 million

Based on the recent corporate insider activity of 19 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LMP in relation to earlier this year.