SEGRO plc (LON:SGRO)‘s stock had its “add” rating restated by research analysts at Peel Hunt in a research report issued to clients and investors on Wednesday, November 1st.
SGRO has been the subject of several other reports. Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating and set a GBX 535 ($7.04) price objective on shares of SEGRO plc in a research note on Wednesday, September 27th. Barclays PLC increased their price target on shares of SEGRO plc from GBX 520 ($6.84) to GBX 570 ($7.50) and gave the stock an “overweight” rating in a research note on Thursday, August 3rd. Numis Securities Ltd restated an “add” rating and issued a GBX 580 ($7.63) price objective on shares of SEGRO plc in a report on Thursday, October 19th. J P Morgan Chase & Co restated an “underweight” rating and issued a GBX 540 ($7.10) price objective on shares of SEGRO plc in a report on Thursday, October 19th. Finally, Liberum Capital restated a “hold” rating and issued a GBX 505 ($6.64) price objective on shares of SEGRO plc in a report on Thursday, October 19th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the company’s stock. SEGRO plc currently has an average rating of “Hold” and an average target price of GBX 523.67 ($6.89).
SEGRO plc (LON:SGRO) traded down GBX 1.50 ($0.02) during trading on Wednesday, reaching GBX 558 ($7.34). 1,937,543 shares of the company’s stock traded hands, compared to its average volume of 2,320,000. SEGRO plc has a 1-year low of GBX 386.05 ($5.08) and a 1-year high of GBX 560.50 ($7.37).
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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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