SEGRO plc Stock Rating Reaffirmed by Deutsche Bank (SGRO)
SEGRO plc (LON:SGRO)‘s stock had its “sell” rating reiterated by stock analysts at Deutsche Bank in a report issued on Friday, StockRatingsNetwork.com reports. They currently have a GBX 220 ($3.69) price target on the stock. Deutsche Bank’s price objective points to a potential downside of 38.12% from the company’s current price.
Shares of SEGRO plc (LON:SGRO) opened at 355.50 on Friday. SEGRO plc has a one year low of GBX 245.10 and a one year high of GBX 361.70. The stock has a 50-day moving average of GBX 343.8 and a 200-day moving average of GBX 324.0. The company’s market cap is £2.634 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Liberum Capital reiterated a “hold” rating on shares of SEGRO plc in a research note on Wednesday. They now have a GBX 364 ($6.10) price target on the stock. Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of SEGRO plc in a research note on Friday, February 14th. They now have a GBX 317 ($5.31) price target on the stock. Six 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. SEGRO plc has a consensus rating of “Hold” and a consensus price target of GBX 311.07 ($5.21).
SEGRO plc is a real estate investment trust (LON:SGRO).
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.