Jefferies cuts target to GBp 217 for LondonMetric stock

Published on 10/18/2026 at 13:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jefferies cut its target from GBp 225 to GBp 217 on October 14, 2026. LondonMetric stock yields 7.01 percent before results on November 24, 2026.

Analyst revision and company scale

Jefferies cut its LondonMetric target from GBp 225 to GBp 217 on October 14, 2026.
Fiscal 2026 turnover reached GBP 464.60 million, up 17.11 percent from GBP 396.70 million.
LondonMetric's next scheduled half-year results are due on November 24, 2026, while market capitalization stood at GBP 4.4 billion.

Geometrisches Bauhaus-Poster mit Schriftzug LOGISTICS und stilisierten Lagerhallen — LondonMetric Property Plc GB00B4WFW713 vereint geometrisches Bauhaus-Poster mit Text LOGISTICS und Lagerhallen-Symbolen, Illustration mit AI erstellt.

LondonMetric (GB00B4WFW713) has a Jefferies target of GBp 217, cut from GBp 225 on October 14, 2026, according to Markets Insider. The Buy rating was retained, but the lower target reflects concern about a possible second valuation decline across European real estate.

Three dated signals for investors

LondonMetric declared a first quarterly interim dividend of 3.15 pence per share on August 20, 2026, with payment scheduled for October 6, 2026. On October 1, 2026, the company said 370,053 shares would be issued under its scrip dividend scheme, according to Investegate. The latest target revision on October 14, 2026 completes the sequence.

What does the target cut mean?

The valuation debate is set against a larger operating base. LondonMetric turnover reached GBP 464.60 million in fiscal 2026, compared with GBP 396.70 million in fiscal 2025, an increase of 17.11 percent. Operating profit was GBP 428.00 million in fiscal 2026, while net profit was GBP 295.40 million, according to Morningstar. For investors, the key tension is clear: rental-led growth has expanded earnings, while the analyst revision points to valuation pressure.

Next reporting date

The next scheduled corporate date is November 24, 2026, when LondonMetric is listed for half-year results. The company operates as a UK industrial real estate investment trust, with logistics and other long-income properties supporting recurring rental income.

Stock context for LondonMetric

LondonMetric is listed on the London Stock Exchange under ticker LMP and is a FTSE 100 constituent. Its market capitalization stood at GBP 4.4 billion on October 16, 2026, while the 52-week range was GBp 170.20 to GBp 216.20. The company reported a 7.01 percent dividend yield on the same date.

The further course of trading is shown by the continuously updated real-time quote of LondonMetric stock.