FTSE 100 news / Companies and sectors / LondonMetric Property / 2 October 2026
LondonMetric Property (LMP): news on Friday 2 October 2026
−2.3 slightly negative
Coverage was mixed: LondonMetric completed its Picton deal, but shares fell and Citigroup cut its price target. A scrip dividend issue and a sector sentiment piece added little weight.
What drove it
- Citigroup target cut
- Picton deal completion
- share price fall
The 4 stories
- −7.0 Citigroup cuts LondonMetric target. LondonMetric stock stays 18.18 percent below its high
Citigroup cut its target; shares well below their high. - +2.3 Is LondonMetric Property (LSE:LMP) Gaining From A Sector Sentiment Shift This Week As FTSE 100 Holds Steady?
Sector sentiment piece, mildly positive framing, little substance on the company. - +2.0 LondonMetric completes Picton deal as LondonMetric stock falls 3.30 percent
Completes Picton deal, but shares fell 3.30 percent on the day. - +0.5 LondonMetric boosts share capital with new scrip dividend issue
Routine scrip dividend share issue, largely administrative and neutral.
LondonMetric Property: every day · Real estate on 2 October 2026 · FTSE 100 overview for the day