St. Modwen Properties (SMP) Stock Rating Reaffirmed by Peel Hunt

St. Modwen Properties (LON:SMP)‘s stock had its “buy” rating reiterated by equities research analysts at Peel Hunt in a research report issued on Tuesday. They currently have a GBX 375 ($5.05) target price on the stock. Peel Hunt’s target price indicates a potential downside of 4.65% from the stock’s current price.

A number of other analysts have also issued reports on SMP. Numis Securities reissued a “buy” rating and issued a GBX 432 ($5.81) target price on shares of St. Modwen Properties in a research report on Monday, August 21st. Liberum Capital upped their price objective on St. Modwen Properties from GBX 360 ($4.85) to GBX 400 ($5.38) and gave the stock a “buy” rating in a research report on Thursday, August 31st. Finally, J P Morgan Chase & Co reaffirmed an “overweight” rating and set a GBX 410 ($5.52) price objective on shares of St. Modwen Properties in a research report on Tuesday, November 28th.

Shares of St. Modwen Properties (LON SMP) opened at GBX 393.30 ($5.29) on Tuesday. St. Modwen Properties has a 12-month low of GBX 280.91 ($3.78) and a 12-month high of GBX 401.70 ($5.41).

In other news, insider Simon Clarke sold 500,000 shares of the company’s stock in a transaction on Thursday, September 28th. The stock was sold at an average price of GBX 370 ($4.98), for a total transaction of £1,850,000 ($2,489,905.79).

TRADEMARK VIOLATION WARNING: This piece was originally published by Ticker Report and is owned by of Ticker Report. If you are viewing this piece on another site, it was illegally copied and republished in violation of US & international copyright law. The legal version of this piece can be read at https://www.tickerreport.com/banking-finance/3078989/st-modwen-properties-smp-stock-rating-reaffirmed-by-peel-hunt.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 PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for St. Modwen Properties PLC and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


© 2006-2018 Ticker Report. Google+.