SEGRO plc (SGRO) Rating Reiterated by Peel Hunt
SEGRO plc (LON:SGRO)‘s stock had its “add” rating restated by Peel Hunt in a research report issued on Wednesday.
A number of other brokerages have also weighed in on SGRO. Numis Securities Ltd reaffirmed an “add” rating and set a GBX 580 ($7.65) target price on shares of SEGRO plc in a research note on Tuesday, September 26th. Liberum Capital lifted their target price on shares of SEGRO plc from GBX 475 ($6.27) to GBX 505 ($6.66) and gave the company a “hold” rating in a research note on Tuesday, August 1st. Barclays PLC lifted their target price on shares of SEGRO plc from GBX 520 ($6.86) to GBX 570 ($7.52) and gave the company an “overweight” rating in a research note on Thursday, August 3rd. J P Morgan Chase & Co lifted their target price on shares of SEGRO plc from GBX 465 ($6.14) to GBX 540 ($7.13) and gave the company an “underweight” rating in a research note on Tuesday, July 25th. Finally, Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating and set a GBX 535 ($7.06) target price on shares of SEGRO plc in a research note on Wednesday, September 27th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of GBX 523.67 ($6.91).
SEGRO plc (LON:SGRO) opened at 545.50 on Wednesday. SEGRO plc has a 12-month low of GBX 384.52 and a 12-month high of GBX 556.50. The firm has a 50-day moving average price of GBX 538.07 and a 200 day moving average price of GBX 513.97. The firm’s market cap is GBX 5.09 billion.
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SEGRO plc Company Profile
SEGRO plc is a United Kingdom-based real estate investment trust. The Company owns, develops and manages warehouse properties in the United Kingdom and Continental Europe. Its segments include Greater London, Thames Valley and National Logistics, Northern Europe (principally Germany), Southern Europe (principally France) and Central Europe (principally Poland).
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