SEGRO plc (SGRO) Stock Rating Reaffirmed by Peel Hunt
SEGRO plc (LON:SGRO)‘s stock had its “add” rating restated by investment analysts at Peel Hunt in a research report issued to clients and investors on Friday.
A number of other research analysts have also recently weighed in on the stock. HSBC Holdings plc boosted their price objective on shares of SEGRO plc from GBX 487 ($6.46) to GBX 489 ($6.49) and gave the company a “hold” rating in a research report on Tuesday, July 4th. Numis Securities Ltd upgraded shares of SEGRO plc to an “add” rating and set a GBX 565 ($7.49) price objective on the stock in a research report on Tuesday, July 25th. J P Morgan Chase & Co boosted their price objective on shares of SEGRO plc from GBX 465 ($6.17) to GBX 540 ($7.16) and gave the company an “underweight” rating in a research report on Tuesday, July 25th. Goldman Sachs Group, Inc. (The) restated a “neutral” rating and issued a GBX 535 ($7.10) price target on shares of SEGRO plc in a report on Wednesday, September 27th. Finally, Barclays PLC upped their price target on shares of SEGRO plc from GBX 520 ($6.90) to GBX 570 ($7.56) and gave the stock an “overweight” rating in a report on Thursday, August 3rd. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the stock. SEGRO plc presently has an average rating of “Hold” and an average target price of GBX 523.67 ($6.95).
Shares of SEGRO plc (LON:SGRO) opened at 534.50 on Friday. SEGRO plc has a 12 month low of GBX 384.52 and a 12 month high of GBX 547.50. The firm’s 50-day moving average is GBX 532.92 and its 200 day moving average is GBX 503.61. The stock’s market cap is GBX 4.99 billion.
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About SEGRO plc
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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