Segro Price Target Raised to GBX 364 at Liberum Capital (SGRO)
Stock analysts at Liberum Capital raised their target price on shares of Segro (LON:SGRO) from GBX 346 ($5.68) to GBX 364 ($5.98) in a report issued on Thursday, Stock Ratings Network reports. The firm currently has a “hold” rating on the stock. Liberum Capital’s price target suggests a potential upside of 5.57% from the company’s current price.
Shares of Segro (LON:SGRO) traded down 0.32% on Thursday, hitting GBX 344.80. The stock had a trading volume of 1,695,705 shares. Segro has a 52-week low of GBX 245.10 and a 52-week high of GBX 348.70. The stock has a 50-day moving average of GBX 334.0 and a 200-day moving average of GBX 317.4. The company’s market cap is £2.555 billion.
Several other analysts have also recently commented on the stock. Analysts at HSBC reiterated an “overweight” rating on shares of Segro in a research note to investors on Tuesday. They now have a GBX 400 ($6.57) price target on the stock. Separately, analysts at BNP Paribas reiterated an “underperform” rating on shares of Segro in a research note to investors on Monday. They now have a GBX 320 ($5.25) price target on the stock. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of Segro from GBX 340 ($5.58) to GBX 370 ($6.07) in a research note to investors on Wednesday, January 15th. They now have an “overweight” rating on the stock. Six analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of GBX 311.07 ($5.11).
SEGRO plc is a real estate investment trust (LON:SGRO).
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