SEGRO Plc (OTCMKTS:SEGXF – Get Rating) has earned an average rating of “Hold” from the ten research firms that are presently covering the stock, MarketBeat reports. Two analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $1,165.00.
A number of research firms have recently issued reports on SEGXF. Jefferies Financial Group upgraded SEGRO from a “hold” rating to a “buy” rating in a research report on Friday, July 29th. Kepler Capital Markets upgraded SEGRO from a “reduce” rating to a “hold” rating in a research report on Wednesday, August 10th. JPMorgan Chase & Co. lowered their price objective on SEGRO from GBX 1,150 ($13.60) to GBX 960 ($11.35) in a research report on Tuesday, November 1st. Berenberg Bank lowered their price objective on SEGRO from GBX 1,260 ($14.90) to GBX 1,040 ($12.30) in a research report on Tuesday, October 25th. Finally, Barclays lowered their price objective on SEGRO from GBX 1,290 ($15.25) to GBX 985 ($11.65) in a research report on Friday, September 23rd.
SEGRO Trading Up 3.6 %
Shares of SEGXF stock opened at $10.01 on Friday. SEGRO has a 12 month low of $7.64 and a 12 month high of $19.50. The stock has a 50 day moving average of $8.97 and a 200-day moving average of $11.18.
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 8.1 million square metres of space (88 million square feet) valued at £13.3 billion serving customers from a wide range of industry sectors.
- Get a free copy of the StockNews.com research report on SEGRO (SEGXF)
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