Reaffirmed: St. Modwen Properties (LON:SMP) Hold Rating Reaffirmed by Liberum Capital; GBX 460.00 Target in Place


St. Modwen Properties (LON:SMP) Rating Reaffirmed

St. Modwen Properties (LON:SMP) just had their share rating of a ‘Hold’ issued by research analysts at Liberum Capital, who now has a GBX 460.00 target price on the 955.18 million GBP market cap company or a 7.28% upside potential. This key information was announced in recent note on Tuesday morning.

From a total of 5 analysts covering ST Modwen Properties (LON:SMP) stock, 5 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that 100% of the ratings are positive. The highest target price is GBX 570 while the lowest target price is GBX 515. The mean of all analyst targets is GBX 536.6 with a 21.58% above today’s (GBX 431) stock price. ST Modwen Properties was the topic of 7 analyst reports since July 21, 2015 according to the firm StockzIntelligence Inc. Stifel Nicolaus maintained shares on December 1 with “Buy” rating.

The stock decreased 0.35% or GBX 1.5 on December 1, striking GBX 431. Approximately 446,357 shares of stock traded hands or 53.34% up from the average. St. Modwen Properties plc (LON:SMP) has declined 0.23% since May 4, 2015 and is downtrending. It has outperformed by 1.39% the S&P500.

Reaffirmed: St. Modwen Properties (LON:SMP) Hold Rating Reaffirmed by Liberum Capital; GBX 460.00 Target in Place

St. Modwen Properties PLC is a United Kingdom regeneration specialist. The company has a market cap of 955.18 million GBP. The Company’s property portfolio includes residential land, commercial land and income producing properties. It has 4.07 P/E ratio. The residential land bank consists of approximately 28,800 plots of , which 80% have planning recognition.

According to Zacks Investment Research, “Standard Motor Products manufactures and distributes replacement parts for motor vehicles. They are now organized into two principal segments, each focused on a specific type of replacement part. The Engine Management Division consists primarily of ignition and emission parts, on-board computers, ignition wires, battery cables and fuel system parts. The Temperature Control Division consists primarily of air conditioning compressors, other air conditioning parts and heater parts.” Get a free copy of the Zacks research report on St. Modwen Properties plc (SMP)