SEGRO plc (SGRO) Price Target Increased to GBX 550 by Analysts at Peel Hunt

SEGRO plc (LON:SGRO) had its target price increased by Peel Hunt from GBX 450 ($5.84) to GBX 550 ($7.14) in a report issued on Tuesday, July 25th. Peel Hunt currently has an add rating on the real estate investment trust’s stock.

Other analysts have also recently issued research reports about the stock. Numis Securities Ltd reiterated a hold rating and set a GBX 494 ($6.41) target price on shares of SEGRO plc in a research report on Wednesday, April 19th. J P Morgan Chase & Co boosted their price target on shares of SEGRO plc from GBX 465 ($6.04) to GBX 540 ($7.01) and gave the company an underweight rating in a report on Tuesday, July 25th. HSBC Holdings plc boosted their price target on shares of SEGRO plc from GBX 478 ($6.21) to GBX 487 ($6.32) and gave the company a hold rating in a report on Wednesday, April 19th. Citigroup Inc. reaffirmed a buy rating and issued a GBX 560 ($7.27) target price on shares of SEGRO plc in a research note on Friday, April 21st. Finally, Jefferies Group LLC reduced their target price on shares of SEGRO plc from GBX 425 ($5.52) to GBX 420 ($5.45) and set an underperform rating for the company in a research note on Wednesday, April 26th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company. The stock has a consensus rating of Hold and an average price target of GBX 512.79 ($6.66).

Shares of SEGRO plc (LON SGRO) traded down 1.69% during trading on Tuesday, reaching GBX 522.00. The company’s stock had a trading volume of 2,061,717 shares. The company’s market capitalization is GBX 4.88 billion. The company’s 50-day moving average is GBX 512.35 and its 200-day moving average is GBX 491.04. SEGRO plc has a 12 month low of GBX 402.20 and a 12 month high of GBX 547.50.

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SEGRO plc 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).

Analyst Recommendations for SEGRO plc (LON:SGRO)

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