Segro Stock Rating Reaffirmed by Deutsche Bank (SGRO)
Segro (LON:SGRO)‘s stock had its “sell” rating reaffirmed by analysts at Deutsche Bank in a research report issued to clients and investors on Thursday, AnalystRatings.NET reports. They currently have a GBX 220 ($3.56) price objective on the stock. Deutsche Bank’s price objective suggests a potential downside of 34.66% from the company’s current price.
Shares of Segro (LON:SGRO) opened at 337.00 on Thursday. Segro has a 52-week low of GBX 221.00 and a 52-week high of GBX 336.50. The stock has a 50-day moving average of GBX 307.2 and a 200-day moving average of GBX 289.4. The company’s market cap is £2.497 billion.
A number of other analysts have also recently weighed in on SGRO. Analysts at Morgan Stanley reiterated an “overweight” rating on shares of Segro in a research note to investors on Monday. Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of Segro in a research note to investors on Monday, October 14th. They now have a GBX 302 ($4.88) price target on the stock. 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 investment analysts have rated the stock with a sell rating, nine have given a hold rating and six have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 289.98 ($4.69).
SEGRO plc is a real estate investment trust (LON:SGRO).
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