St. Modwen Properties (LON:SMP) had its target price lifted by stock analysts at JPMorgan Chase & Co. from GBX 410 ($5.56) to GBX 475 ($6.44) in a research note issued on Monday. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.’s price objective points to a potential upside of 19.05% from the company’s current price.

Several other research firms also recently weighed in on SMP. Peel Hunt restated a “buy” rating on shares of St. Modwen Properties in a report on Tuesday, December 19th. Liberum Capital upped their price objective on shares of St. Modwen Properties from GBX 400 ($5.42) to GBX 445 ($6.03) and gave the stock a “buy” rating in a report on Monday, January 8th.

St. Modwen Properties (SMP) traded down GBX 0.60 ($0.01) during trading on Monday, reaching GBX 400 ($5.42). 118,955 shares of the company’s stock were exchanged, compared to its average volume of 208,256. St. Modwen Properties has a 52-week low of GBX 304.80 ($4.13) and a 52-week high of GBX 408.80 ($5.54). The firm has a market cap of $893.07 and a price-to-earnings ratio of 1,739.13.

TRADEMARK VIOLATION WARNING: “St. Modwen Properties (SMP) PT Raised to GBX 475 at JPMorgan Chase & Co.” was reported by American Banking News and is the property of of American Banking News. If you are accessing this story on another domain, it was illegally stolen and republished in violation of U.S. and international trademark and copyright laws. The legal version of this story can be read at https://www.americanbankingnews.com/2018/01/15/st-modwen-properties-smp-pt-raised-to-gbx-475-at-jpmorgan-chase-co.html.

About St. Modwen Properties

St. Modwen Properties PLC is a United Kingdom-based regeneration specialist. The Company operates in property industry from a network of regional offices, a residential business and through joint ventures with public sector and industry partners. Its segments include Portfolio and Residential development.

Receive News & Ratings for St. Modwen Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for St. Modwen Properties and related companies with MarketBeat.com's FREE daily email newsletter.