St. Modwen Properties plc (LON:SMP)‘s stock had its “buy” rating restated by research analysts at Peel Hunt in a research note issued to investors on Tuesday, July 4th. They currently have a GBX 375 ($4.89) target price on the stock. Peel Hunt’s price objective points to a potential upside of 5.46% from the stock’s previous close.
A number of other equities analysts have also commented on the stock. Liberum Capital restated a “buy” rating and issued a GBX 360 ($4.69) price objective on shares of St. Modwen Properties plc in a research report on Monday, March 13th. Numis Securities Ltd restated a “buy” rating and issued a GBX 432 ($5.63) price objective on shares of St. Modwen Properties plc in a research report on Thursday, June 22nd. Finally, J P Morgan Chase & Co restated an “overweight” rating and issued a GBX 410 ($5.34) price objective on shares of St. Modwen Properties plc in a research report on Thursday, June 8th.
St. Modwen Properties plc (SMP) traded down 1.25% during trading on Tuesday, reaching GBX 355.60. 228,231 shares of the company were exchanged. The firm’s 50-day moving average is GBX 356.60 and its 200 day moving average is GBX 342.25. St. Modwen Properties plc has a one year low of GBX 254.94 and a one year high of GBX 371.90. The company’s market capitalization is GBX 788.10 million.
In other St. Modwen Properties plc news, insider Mark Allan sold 164,437 shares of St. Modwen Properties plc stock in a transaction that occurred on Thursday, July 6th. The shares were sold at an average price of GBX 367 ($4.78), for a total transaction of £603,483.79 ($786,195.66).
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 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.