St. Modwen Properties plc’s Buy Rating Reaffirmed at Liberum Capital (SMP)
St. Modwen Properties plc (LON:SMP)‘s stock had its “buy” rating restated by Liberum Capital in a research note issued on Monday. They currently have a GBX 443 ($7.35) price objective on the stock. Liberum Capital’s price objective indicates a potential upside of 19.25% from the company’s current price.
A number of other firms have also recently commented on SMP. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of St. Modwen Properties plc in a research note on Thursday, July 31st. They now have a GBX 425 ($7.05) price target on the stock. Separately, analysts at Oriel Securities Ltd reiterated an “add” rating on shares of St. Modwen Properties plc in a research note on Wednesday, July 23rd. Finally, analysts at Oriel Securities Ltd reiterated an “add” rating on shares of St. Modwen Properties plc in a research note on Tuesday, July 1st. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company has an average rating of “Buy” and an average target price of GBX 428.50 ($7.11).
Shares of St. Modwen Properties plc (LON:SMP) traded up 0.05% on Monday, hitting GBX 371.70. 26,174 shares of the company’s stock traded hands. St. Modwen Properties plc has a one year low of GBX 284.30 and a one year high of GBX 426.40. The stock has a 50-day moving average of GBX 373.9 and a 200-day moving average of GBX 378.4. The company’s market cap is £821.0 million.
St. Modwen Properties PLC is a United Kingdom-based regeneration specialist. The Company is focused wholly upon regeneration by managing schemes through the planning process, remediating contaminated land and active asset management and development.
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