St. Modwen Properties (LON:SMP)‘s stock had its “buy” rating reaffirmed by equities researchers at Liberum Capital in a research report issued on Thursday. They currently have a GBX 400 ($5.38) price target on the stock. Liberum Capital’s price target points to a potential upside of 1.47% from the stock’s previous close.
A number of other equities analysts have also recently issued reports on SMP. Numis Securities reiterated a “buy” rating and set a GBX 432 ($5.81) target price on shares of St. Modwen Properties in a report on Monday, August 21st. Peel Hunt reiterated a “buy” rating and set a GBX 375 ($5.05) target price on shares of St. Modwen Properties in a report on Tuesday. Finally, J P Morgan Chase & Co restated an “overweight” rating and set a GBX 410 ($5.52) price objective on shares of St. Modwen Properties in a research note on Tuesday, November 28th.
St. Modwen Properties (LON SMP) opened at GBX 394.20 ($5.31) on Thursday. St. Modwen Properties has a 1-year low of GBX 280.91 ($3.78) and a 1-year high of GBX 401.70 ($5.41).
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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.
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