SEGRO plc (LON:SGRO) had its target price boosted by Liberum Capital from GBX 475 ($6.27) to GBX 505 ($6.66) in a research report released on Tuesday. Liberum Capital currently has a hold rating on the real estate investment trust’s stock.
A number of other research analysts also recently commented on the company. Peel Hunt upped their price objective on SEGRO plc from GBX 450 ($5.94) to GBX 550 ($7.25) and gave the stock an add rating in a research note on Tuesday, July 25th. Numis Securities Ltd upgraded SEGRO plc to an add rating and set a GBX 565 ($7.45) price objective for the company in a research note on Tuesday, July 25th. Citigroup Inc. restated a buy rating and set a GBX 560 ($7.39) price objective on shares of SEGRO plc in a research note on Friday, April 21st. Canaccord Genuity lowered their price objective on SEGRO plc from GBX 525 ($6.93) to GBX 515 ($6.79) and set a buy rating for the company in a research note on Thursday, April 6th. Finally, HSBC Holdings plc upped their price objective on SEGRO plc from GBX 478 ($6.31) to GBX 487 ($6.42) and gave the stock a hold rating in a research note on Wednesday, April 19th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company. The stock has a consensus rating of Hold and a consensus target price of GBX 509.21 ($6.72).
SEGRO plc (LON:SGRO) traded up 0.09% during trading on Tuesday, reaching GBX 529.00. 712,666 shares of the company were exchanged. SEGRO plc has a 52-week low of GBX 378.97 and a 52-week high of GBX 531.50. The firm’s 50 day moving average is GBX 499.97 and its 200 day moving average is GBX 485.06. The stock’s market capitalization is GBX 4.94 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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