St. Modwen Properties’ (SMP) “Buy” Rating Reiterated at Peel Hunt

Peel Hunt reiterated their buy rating on shares of St. Modwen Properties (LON:SMP) in a research note released on Friday. The brokerage currently has a GBX 425 ($5.96) target price on the stock.

Several other equities research analysts also recently weighed in on SMP. JPMorgan Chase & Co. increased their price objective on St. Modwen Properties from GBX 410 ($5.75) to GBX 475 ($6.66) and gave the company an overweight rating in a report on Monday, January 15th. Liberum Capital increased their price objective on St. Modwen Properties from GBX 400 ($5.61) to GBX 445 ($6.24) and gave the company a buy rating in a report on Monday, January 8th.

St. Modwen Properties (LON SMP) opened at GBX 395 ($5.54) on Friday. The stock has a market capitalization of $872.61 and a P/E ratio of 1,717.39. St. Modwen Properties has a fifty-two week low of GBX 304.80 ($4.27) and a fifty-two week high of GBX 429.40 ($6.02).

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St. Modwen Properties Company Profile

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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