St. Modwen Properties’ (SMP) Overweight Rating Reaffirmed at JPMorgan Chase & Co.
St. Modwen Properties (LON:SMP)‘s stock had its “overweight” rating reissued by equities researchers at JPMorgan Chase & Co. in a report issued on Wednesday. They currently have a GBX 475 ($6.66) price objective on the stock. JPMorgan Chase & Co.’s target price points to a potential upside of 19.65% from the stock’s previous close.
A number of other research firms also recently weighed in on SMP. Peel Hunt restated a “buy” rating and set a GBX 425 ($5.96) price target on shares of St. Modwen Properties in a report on Friday, February 2nd. Liberum Capital restated a “buy” rating and set a GBX 445 ($6.24) price target on shares of St. Modwen Properties in a report on Friday, February 2nd.
St. Modwen Properties (LON:SMP) opened at GBX 397 ($5.57) on Wednesday. The firm has a market cap of $889.51 and a price-to-earnings ratio of 1,470.37. St. Modwen Properties has a twelve month low of GBX 304.80 ($4.27) and a twelve month high of GBX 429.40 ($6.02).
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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