Liberum Capital reissued their buy rating on shares of SEGRO (LON:SGRO) in a report published on Monday. The brokerage currently has a GBX 640 ($8.68) price objective on the real estate investment trust’s stock.
Other research analysts have also issued research reports about the company. Numis Securities reissued an add rating and issued a GBX 580 ($7.87) target price on shares of SEGRO in a research report on Tuesday, September 26th. JPMorgan Chase & Co. reissued an underweight rating and issued a GBX 540 ($7.32) target price on shares of SEGRO in a research report on Thursday, October 19th. Canaccord Genuity increased their target price on SEGRO from GBX 560 ($7.59) to GBX 620 ($8.41) and gave the stock a buy rating in a research report on Friday, December 22nd. Peel Hunt reissued an add rating on shares of SEGRO in a research report on Wednesday, November 1st. Finally, Goldman Sachs Group reissued a neutral rating and issued a GBX 535 ($7.26) target price on shares of SEGRO in a research report on Wednesday, September 27th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average price target of GBX 543.67 ($7.37).
SEGRO (LON:SGRO) traded down GBX 0.20 ($0.00) on Monday, reaching GBX 587.40 ($7.97). The company’s stock had a trading volume of 1,890,000 shares, compared to its average volume of 2,170,000. The company has a market cap of $5,890.00 and a price-to-earnings ratio of 863.82. SEGRO has a fifty-two week low of GBX 431.01 ($5.84) and a fifty-two week high of GBX 590.80 ($8.01).
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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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