Jefferies lowered the firm’s price target on LondonMetric (LNSPF) to 230 GBp from 240 GBp and keeps a Buy rating on the shares. The firm notes rates packed a punch with REITs down -20% over 4 months with only M&A targets outperforming.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LNSPF:
- LondonMetric Executes £124 Million in Strategic Property Transactions
- LondonMetric initiated with a Buy at Kepler Cheuvreux
- LondonMetric Announces Additional Share Listing for Dividend Scheme
- LondonMetric price target lowered to 210 GBp from 220 GBp at Barclays
- LondonMetric Property Director Increases Shareholding