St. Modwen Properties (LON:SMP) Given New GBX 530 Price Target at JPMorgan Chase & Co.
St. Modwen Properties (LON:SMP) had its price objective increased by JPMorgan Chase & Co. from GBX 490 ($6.45) to GBX 530 ($6.97) in a research note released on Thursday, Stock Target Advisor reports. They currently have an overweight rating on the stock.
Several other equities research analysts have also recently issued reports on SMP. Peel Hunt reiterated a hold rating on shares of St. Modwen Properties in a research note on Tuesday, January 7th. Liberum Capital reiterated a buy rating on shares of St. Modwen Properties in a research note on Thursday, December 5th. Finally, Peel Hunt reiterated a hold rating and issued a GBX 900 ($11.84) price target on shares of St. Modwen Properties in a research note on Friday, November 22nd.
Shares of SMP stock remained flat at $GBX 500 ($6.58) during trading on Thursday. The company had a trading volume of 85,447 shares, compared to its average volume of 383,659. The company has a quick ratio of 0.80, a current ratio of 3.39 and a debt-to-equity ratio of 34.02. The company has a market cap of $1.11 billion and a price-to-earnings ratio of 18.25. The stock’s 50 day simple moving average is GBX 483.13 and its 200-day simple moving average is GBX 443.30. St. Modwen Properties has a fifty-two week low of GBX 370 ($4.87) and a fifty-two week high of GBX 522.31 ($6.87).
St. Modwen Properties Company Profile
St. Modwen Properties PLC invests in, develops, operates, and manages residential and commercial properties in the United Kingdom. It develops land for residential, employment, leisure, retail, and education purposes, as well as uses green infrastructure and community facilities; and industrial and logistics projects.
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