Segro Stock Rating Reaffirmed by BNP Paribas (SGRO)
Segro (LON:SGRO)‘s stock had its “underperform” rating reiterated by BNP Paribas in a research note issued on Friday, AmericanBankingNews.com reports. They currently have a GBX 320 ($5.27) price target on the stock. BNP Paribas’ price target points to a potential downside of 5.07% from the company’s current price.
Shares of Segro (LON:SGRO) opened at 337.10 on Friday. 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 335.7 and a 200-day moving average of GBX 319.1. The company’s market cap is £2.498 billion.
A number of other firms have also recently commented on SGRO. Analysts at Deutsche Bank reiterated a “sell” rating on shares of Segro in a research note to investors on Wednesday. They now have a GBX 220 ($3.62) price target on the stock. Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of Segro in a research note to investors on Friday, January 24th. They now have a GBX 317 ($5.22) price target on the stock. Finally, analysts at Liberum Capital raised their price target on shares of Segro from GBX 346 ($5.70) to GBX 364 ($6.00) in a research note to investors on Thursday, January 23rd. They now have a “hold” rating on the stock. Six equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 311.07 ($5.13).
SEGRO plc is a real estate investment trust (LON:SGRO).
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