SEGRO Plc (LON:SGRO – Get Free Report) has received a consensus rating of “Moderate Buy” from the seven ratings firms that are currently covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is GBX 986.50 ($12.84).
Several equities analysts have commented on SGRO shares. Shore Capital reaffirmed a “buy” rating on shares of SEGRO in a report on Thursday, September 26th. JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 1,050 ($13.67) target price on shares of SEGRO in a research note on Tuesday, September 24th. UBS Group downgraded shares of SEGRO to a “neutral” rating and decreased their price target for the stock from GBX 1,045 ($13.60) to GBX 985 ($12.82) in a research note on Tuesday, August 20th. Jefferies Financial Group dropped their price objective on shares of SEGRO from GBX 950 ($12.37) to GBX 930 ($12.11) and set a “hold” rating for the company in a research note on Monday, July 29th. Finally, Barclays reiterated an “overweight” rating and set a GBX 1,050 ($13.67) target price on shares of SEGRO in a research report on Monday, September 9th.
Read Our Latest Stock Analysis on SGRO
SEGRO Stock Performance
SEGRO Company Profile
SEGRO is a UK Real Estate Investment Trust (REIT), listed on the London Stock Exchange and Euronext Paris, and is a leading owner, manager and developer of modern warehouses and industrial property. It owns or manages 10.4 million square metres of space (112 million square feet) valued at £20.7 billion serving customers from a wide range of industry sectors.
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