Segro Given “hold” Rating at Jefferies Group (SGRO)
Segro (LON:SGRO)‘s stock had its “hold” rating restated by research analysts at Jefferies Group in a report released on Thursday, Stock Ratings News reports. They currently have a GBX 302 ($4.88) price objective on the stock. Jefferies Group’s price objective suggests a potential downside of 10.31% from the stock’s previous close.
SGRO has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “sell” rating on shares of Segro in a research note to investors on Thursday. They now have a GBX 220 ($3.56) price target on the stock. Separately, analysts at Morgan Stanley reiterated an “overweight” rating on shares of Segro in a research note to investors on Monday. Finally, analysts at AlphaValue reiterated a “reduce” rating on shares of Segro in a research note to investors on Thursday, October 10th. They now have a GBX 297 ($4.80) price target on the stock. Five equities research analysts have rated the stock with a sell rating, nine have given a hold rating and six have given a buy rating to the company’s stock. Segro currently has an average rating of “Hold” and an average target price of GBX 289.98 ($4.69).
Segro (LON:SGRO) opened at 335.50 on Thursday. Segro has a one year low of GBX 221.00 and a one year high of GBX 336.50. The stock’s 50-day moving average is GBX 307.2 and its 200-day moving average is GBX 289.4. The company’s market cap is £2.486 billion.
SEGRO plc is a real estate investment trust (LON:SGRO).
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