LondonMetric Property (LON:LMP) Stock Crosses Below 200-Day Moving Average - What's Next?

Key Points

• Technical signal: LondonMetric Property fell below its 200-day moving average (200‑day MA GBX 192.50), trading as low as GBX 181.08 and last at GBX 187.40 on a volume of 690,887,125 shares.
• Analyst sentiment: Mixed notes from brokers — Berenberg raised its target to GBX 282 (buy) while Goldman cut to GBX 190 (neutral); overall the consensus is a "Moderate Buy" with an average price target of GBX 233.20.
• Fundamentals/valuation: The stock trades below its 50‑day SMA (GBX 198.89) and shows low liquidity (current ratio 0.38, quick ratio 0.81) with a debt‑to‑equity of 60.64, market cap £4.36bn and P/E of 12.53.

LondonMetric Property Plc (LON:LMP - Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 192.50 and traded as low as GBX 181.08. LondonMetric Property shares last traded at GBX 187.40, with a volume of 690,887,125 shares.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Berenberg Bank raised their target price on LondonMetric Property from GBX 269 to GBX 282 and gave the stock a "buy" rating in a research note on Tuesday, January 27th. The Goldman Sachs Group cut their target price on LondonMetric Property from GBX 210 to GBX 190 and set a "neutral" rating on the stock in a research note on Monday, March 30th. Five investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, LondonMetric Property currently has an average rating of "Moderate Buy" and an average price target of GBX 233.20.

LondonMetric Property Price Performance

The business has a fifty day simple moving average of GBX 198.89 and a two-hundred day simple moving average of GBX 192.50. The company has a current ratio of 0.38, a quick ratio of 0.81 and a debt-to-equity ratio of 60.64. The stock has a market cap of £4.36 billion, a PE ratio of 12.53, a P/E/G ratio of 3.27 and a beta of 1.00.

About LondonMetric Property

LondonMetric is a FTSE 100 REIT that owns and manages desirable real estate that meets occupiers demands and delivers reliable, repetitive and growing income-led returns and outperforms over the long term. As a real estate owner, we look to help occupiers, communities and stakeholders grow, thrive and revitalise in an evolving and complex world.

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