SEGRO (SGRO) Rating Reiterated by Peel Hunt
A number of other brokerages have also commented on SGRO. Liberum Capital reissued a buy rating on shares of SEGRO in a research note on Friday, October 12th. Numis Securities raised SEGRO to an add rating and set a GBX 712 ($9.30) price target on the stock in a research note on Wednesday, October 17th. JPMorgan Chase & Co. lifted their price target on SEGRO from GBX 640 ($8.36) to GBX 660 ($8.62) and gave the company an underweight rating in a research note on Tuesday, October 16th. Barclays lifted their price target on SEGRO from GBX 690 ($9.02) to GBX 700 ($9.15) and gave the company an overweight rating in a research note on Monday, August 6th. Finally, Deutsche Bank reaffirmed a buy rating on shares of SEGRO in a research note on Tuesday, November 20th. One analyst has rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the stock. The stock currently has a consensus rating of Buy and an average price target of GBX 661.92 ($8.65).
Shares of SGRO stock opened at GBX 612.40 ($8.00) on Tuesday. SEGRO has a 12 month low of GBX 447.40 ($5.85) and a 12 month high of GBX 612.80 ($8.01).
SEGRO is a UK Real Estate Investment Trust (REIT), and a leading owner, manager and developer of modern warehouses and light industrial property. It owns or manages 7 million square metres of space (74 million square feet) valued at over £10 billion serving customers from a wide range of industry sectors.
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