Broker Recommendations

Citi upgrades LondonMetric to 'buy'

By Michele Maatouk

Date: Wednesday 31 Jul 2024

(Sharecast News) - Citi upgraded LondonMetric on Wednesday to 'buy' from 'neutral' as it said cyclical growth and structural expertise was undervalued.
"We estimate the structural growth opportunity, particularly in logistics to be undervalued as cyclical strength intensifies," the bank said.

"In our view, management's cyclical expertise, proven track record...

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