BNP Paribas Reiterates “Neutral” Rating for SEGRO plc (SGRO)
SEGRO plc (LON:SGRO)‘s stock had its “neutral” rating restated by investment analysts at BNP Paribas in a note issued to investors on Monday. They currently have a GBX 380 ($6.47) price target on the stock. BNP Paribas’ price objective would suggest a potential upside of 10.08% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank reiterated a “sell” rating on shares of SEGRO plc in a research note on Wednesday, June 25th. Separately, analysts at Societe Generale reiterated a “hold” rating on shares of SEGRO plc in a research note on Tuesday, June 24th. They now have a GBX 350 ($5.96) price target on the stock. Finally, analysts at Liberum Capital reiterated a “hold” rating on shares of SEGRO plc in a research note on Tuesday, June 17th. They now have a GBX 345 ($5.88) price target on the stock. Four research analysts have rated the stock with a sell rating, six have assigned a hold rating and five have given a buy rating to the stock. SEGRO plc has a consensus rating of “Hold” and an average target price of GBX 336.08 ($5.72).
Shares of SEGRO plc (LON:SGRO) traded up 0.73% during mid-day trading on Monday, hitting GBX 345.20. 1,762,751 shares of the company’s stock traded hands. SEGRO plc has a 1-year low of GBX 268.40 and a 1-year high of GBX 379.00. The stock has a 50-day moving average of GBX 358.7 and a 200-day moving average of GBX 346.4. The company’s market cap is £2.559 billion.
SEGRO plc is a real estate investment trust (LON:SGRO).