Jefferies Group Reiterates “Hold” Rating for Segro (SGRO)
Segro (LON:SGRO)‘s stock had its “hold” rating reiterated by analysts at Jefferies Group in a research report issued to clients and investors on Monday, Analyst Ratings Net reports. They currently have a GBX 302 ($4.82) price target on the stock. Jefferies Group’s price target points to a potential downside of 5.77% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at AlphaValue reiterated a “reduce” rating on shares of Segro in a research note to investors on Thursday. They now have a GBX 297 ($4.74) price target on the stock. Separately, analysts at Goldman Sachs Group Inc. reiterated a “sell” rating on shares of Segro in a research note to investors on Tuesday, October 8th. They now have a GBX 220 ($3.51) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “sell” rating on shares of Segro in a research note to investors on Monday, October 7th. They now have a GBX 220 ($3.51) price target on the stock. Five equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of GBX 287.63 ($4.59).
Segro (LON:SGRO) traded up 0.79% during mid-day trading on Monday, hitting GBX 320.50. 623,159 shares of the company’s stock traded hands. Segro has a 52 week low of GBX 221.00 and a 52 week high of GBX 321.00. The stock’s 50-day moving average is GBX 301.6 and its 200-day moving average is GBX 281.8. The company’s market cap is £2.375 billion.
SEGRO plc is a real estate investment trust (LON:SGRO).
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