Broker Forecast - Peel Hunt issues a broker note on St Modwen Properties PLC

Writer, Stock Market Wire
Tuesday, February 5, 2019 - 08:10

Peel Hunt today downgrades its investment rating on St Modwen Properties PLC (LON:SMP) to hold (from buy) and cut its price target to 400p (from 440p).

Broker Forecasts data provided by

Related content

St. Modwen Properties hikes dividend as annual profit nudges higher

Industrial and residential property investor St. Modwen Properties posted a 4.3% rise in its net asset value per share in 2018 and boosted its dividend....

Tue, 05/02/2019 - 07:25

St. Modwen Properties sees earnings boost after exceeding asset sale target

St. Modwen Properties said it expected to post a 'meaningful improvement in earnings in the years ahead' after it exceeded its asset disposal targets for...

Tue, 04/12/2018 - 07:45

St. Modwen Properties confirms early £80m bond redemption

St. Modwen Properties confirmed that it would on Friday redeem £80m worth of bonds that were due in 2019.

A redemption notice for 6.25% fixed-rate...

Fri, 30/11/2018 - 07:12

St. Modwen Properties to redeem £80m of bonds early

St. Modwen Properties said it would exercise an option to redeem £80m worth of bonds early.

The 6.25% rate bonds due in 2019, which were...

Mon, 29/10/2018 - 07:09

St. Modwen Properties appoints Danuta Gray as chairman

St. Modwen Properties said it had appointed Danuta Gray as its new chairman to replace Bill Shannon when he leaves in March.

Gray was currently...

Mon, 17/09/2018 - 07:16