ST Modwen Properties Given “Neutral” Rating at Espirito Santo Investment Bank Research (SMP)
ST Modwen Properties (LON: SMP)‘s stock had its “neutral” rating reiterated by investment analysts at Espirito Santo Investment Bank Research in a note issued to investors on Tuesday. They currently have a $3.38 (223 GBX) target price on the stock.
ST Modwen Properties traded down 10.51% on Tuesday, hitting GBX 248.60. ST Modwen Properties has a 1-year low of GBX 145.00 and a 1-year high of GBX 283.90. The stock’s 50-day moving average is currently GBX 198.2. The company’s market cap is £497.6 million.
Separately, analysts at JPMorgan Chase raised their price target on shares of ST Modwen Properties from $4.07 to $4.54 in a research note to investors on Monday, February 11th. They now have an “overweight” rating on the stock.
St. Modwen Properties PLC is the regeneration specialist. The Company operates through a network of seven regional offices and through joint ventures with industry partners.
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