SEGRO plc Receives Hold Rating from Jefferies Group (SGRO)
SEGRO plc (LON:SGRO)‘s stock had its “hold” rating restated by equities research analysts at Jefferies Group in a research note issued to investors on Friday, Analyst Ratings Net reports. They currently have a GBX 317 ($5.20) price objective on the stock. Jefferies Group’s price target would suggest a potential downside of 10.75% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Liberum Capital reiterated a “hold” rating on shares of SEGRO plc in a research note on Tuesday. They now have a GBX 364 ($5.97) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “sell” rating on shares of SEGRO plc in a research note on Friday, February 7th. They now have a GBX 220 ($3.61) price target on the stock. Finally, analysts at BNP Paribas reiterated an “underperform” rating on shares of SEGRO plc in a research note on Friday, January 31st. They now have a GBX 320 ($5.25) price target on the stock. Six investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of GBX 311.07 ($5.10).
SEGRO plc (LON:SGRO) traded down 0.37% during mid-day trading on Friday, hitting GBX 354.20. 633,542 shares of the company’s stock traded hands. SEGRO plc has a one year low of GBX 245.10 and a one year high of GBX 355.10. The stock’s 50-day moving average is GBX 339.5 and its 200-day moving average is GBX 321.5. The company’s market cap is £2.624 billion.
SEGRO plc is a real estate investment trust (LON:SGRO).
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