St. Modwen Properties (LON:SMP) Given New GBX 445 Price Target at Liberum Capital

St. Modwen Properties (LON:SMP) had its price target increased by equities researchers at Liberum Capital from GBX 400 ($5.62) to GBX 445 ($6.25) in a research note issued on Monday, January 8th. The firm presently has a “buy” rating on the stock. Liberum Capital’s price objective suggests a potential upside of 8.22% from the company’s current price.

SMP has been the subject of several other research reports. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 410 ($5.76) price target on shares of St. Modwen Properties in a research report on Tuesday, November 28th. Peel Hunt restated a “buy” rating on shares of St. Modwen Properties in a research note on Tuesday, December 19th.

Shares of St. Modwen Properties (LON:SMP) traded down GBX 0.80 ($0.01) during mid-day trading on Monday, hitting GBX 411.20 ($5.77). 144,593 shares of the stock traded hands, compared to its average volume of 192,401. The firm has a market cap of $916.19 and a P/E ratio of 1,787.83. St. Modwen Properties has a one year low of GBX 304.80 ($4.28) and a one year high of GBX 429.40 ($6.03).

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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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