SEGRO plc (LON:SGRO) has been given an average recommendation of “Hold” by the twelve research firms that are currently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is GBX 521.27 ($6.86).
A number of analysts recently weighed in on SGRO shares. Numis Securities Ltd restated an “add” rating and issued a GBX 580 ($7.63) target price on shares of SEGRO in a research report on Tuesday, September 26th. Peel Hunt restated an “add” rating on shares of SEGRO in a research report on Friday, October 6th. Liberum Capital restated a “hold” rating and issued a GBX 505 ($6.64) target price on shares of SEGRO in a research report on Wednesday, November 1st. Goldman Sachs Group Inc restated a “neutral” rating and issued a GBX 535 ($7.04) target price on shares of SEGRO in a research report on Wednesday, September 27th. Finally, Barclays PLC boosted their target price on SEGRO from GBX 520 ($6.84) to GBX 570 ($7.50) and gave the stock an “overweight” rating in a research report on Thursday, August 3rd.
SEGRO (LON SGRO) traded up GBX 1.50 ($0.02) during trading hours on Monday, reaching GBX 559.50 ($7.36). The company had a trading volume of 1,804,989 shares, compared to its average volume of 2,310,000. SEGRO has a one year low of GBX 391.12 ($5.14) and a one year high of GBX 562.50 ($7.40).
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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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