SEGRO plc (SGRO) Given Average Rating of “Hold” by Analysts

SEGRO plc (LON:SGRO) has received an average rating of “Hold” from the fourteen ratings firms that are presently covering the firm, MarketBeat reports. Two analysts have rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating on the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is GBX 512.79 ($6.68).

A number of analysts recently issued reports on the company. Numis Securities Ltd reissued a “hold” rating and set a GBX 494 ($6.43) price objective on shares of SEGRO plc in a research report on Wednesday, April 19th. J P Morgan Chase & Co lifted their price objective on SEGRO plc from GBX 465 ($6.06) to GBX 540 ($7.03) and gave the company an “underweight” rating in a research report on Tuesday, July 25th. Peel Hunt reaffirmed an “add” rating and issued a GBX 450 ($5.86) price target on shares of SEGRO plc in a research report on Wednesday, April 19th. Liberum Capital boosted their price target on SEGRO plc from GBX 475 ($6.19) to GBX 505 ($6.58) and gave the stock a “hold” rating in a research report on Tuesday, August 1st. Finally, HSBC Holdings plc boosted their price target on SEGRO plc from GBX 478 ($6.22) to GBX 487 ($6.34) and gave the stock a “hold” rating in a research report on Wednesday, April 19th.

Shares of SEGRO plc (LON SGRO) traded down 1.22% on Tuesday, hitting GBX 526.00. The stock had a trading volume of 1,284,240 shares. The stock’s market cap is GBX 4.91 billion. The firm has a 50 day moving average of GBX 507.49 and a 200 day moving average of GBX 488.74. SEGRO plc has a 12 month low of GBX 402.20 and a 12 month high of GBX 547.50.

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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).

Analyst Recommendations for SEGRO plc (LON:SGRO)

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