Liberum Capital Reaffirms “Buy” Rating for St. Modwen Properties (SMP)


Liberum Capital reaffirmed their buy rating on shares of St. Modwen Properties (LON:SMP) in a research report released on Wednesday morning.

Several other research analysts have also weighed in on SMP. Peel Hunt reissued a buy rating on shares of St. Modwen Properties in a research report on Tuesday. JPMorgan Chase & Co. reissued an overweight rating and issued a GBX 475 ($6.32) price objective on shares of St. Modwen Properties in a research report on Wednesday, February 7th. Finally, Numis Securities reissued a buy rating and issued a GBX 488 ($6.50) price objective on shares of St. Modwen Properties in a research report on Wednesday, March 14th.


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St. Modwen Properties opened at GBX 425.20 ($5.66) on Wednesday, MarketBeat reports. St. Modwen Properties has a 1-year low of GBX 304.80 ($4.06) and a 1-year high of GBX 429.40 ($5.72).

In other news, insider Jamie Hopkins bought 12,564 shares of the firm’s stock in a transaction that occurred on Monday, April 9th. The stock was acquired at an average cost of GBX 396 ($5.27) per share, with a total value of 拢49,753.44 ($66,240.77).

About St. Modwen Properties

St. Modwen Properties PLC develops residential and commercial land properties in the United Kingdom. The company develops retail, leisure, education, office, and industrial projects, as well as builds houses; and rents income producing properties, including residential and commercial assets. It owns a land bank of 6,000 developable acres.

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