SEGRO (SGRO) Upgraded at Liberum Capital
Liberum Capital upgraded shares of SEGRO (LON:SGRO) to a buy rating in a report issued on Friday morning. They currently have GBX 640 ($8.61) target price on the real estate investment trust’s stock, up from their previous target price of GBX 505 ($6.80).
A number of other research analysts have also recently issued reports on SGRO. Numis Securities reaffirmed an add rating and issued a GBX 580 ($7.81) target price on shares of SEGRO in a report on Tuesday, September 26th. Peel Hunt reiterated an add rating on shares of SEGRO in a research report on Wednesday, November 1st. J P Morgan Chase & Co reiterated an underweight rating and issued a GBX 540 ($7.27) price target on shares of SEGRO in a research report on Thursday, October 19th. Finally, Goldman Sachs Group reiterated a neutral rating and issued a GBX 535 ($7.20) price target on shares of SEGRO in a research report on Wednesday, September 27th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the company. The stock presently has an average rating of Hold and a consensus target price of GBX 534.92 ($7.20).
Shares of SEGRO (SGRO) opened at GBX 577.50 ($7.77) on Friday. SEGRO has a 12-month low of GBX 415.69 ($5.59) and a 12-month high of GBX 579.50 ($7.80).
SEGRO 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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