SMP has been the topic of several other reports. Numis Securities Ltd reissued a buy rating and set a GBX 432 ($5.64) price objective on shares of St. Modwen Properties plc in a research note on Tuesday, July 5th. Peel Hunt reaffirmed a buy rating and set a GBX 515 ($6.72) target price on shares of St. Modwen Properties plc in a research note on Tuesday, July 5th. Finally, JPMorgan Chase & Co. reaffirmed an overweight rating and set a GBX 450 ($5.87) target price on shares of St. Modwen Properties plc in a research note on Wednesday, July 6th. Six equities research analysts have rated the stock with a buy rating, The company currently has an average rating of Buy and an average price target of GBX 435.17 ($5.68).
St. Modwen Properties plc (LON:SMP) opened at 290.80 on Thursday. The company has a 50 day moving average price of GBX 284.18 and a 200-day moving average price of GBX 293.77. St. Modwen Properties plc has a 1-year low of GBX 218.10 and a 1-year high of GBX 445.80. The firm’s market capitalization is GBX 643.46 million.
The company also recently disclosed a dividend, which was paid on Monday, September 5th. Investors of record on Friday, August 12th were paid a GBX 1.94 ($0.03) dividend. The ex-dividend date was Friday, August 12th. This represents a yield of 0.7%.
In other news, insider Clarke,Simon acquired 100,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 12th. The shares were bought at an average price of GBX 273 ($3.56) per share, with a total value of £273,000 ($356,350.35). Also, insider Mully,Richard Stephen acquired 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 5th. The stock was purchased at an average cost of GBX 230 ($3.00) per share, for a total transaction of £23,000 ($30,022.19).
About St. Modwen Properties plc
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 leading partners. The Company’s segments include Portfolio and Residential development.
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