SEGRO plc Given “Sell” Rating at 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 Monday. They currently have a GBX 250 ($4.28) target price on the stock. Deutsche Bank’s target price indicates a potential downside of 28.53% from the stock’s previous close.
SEGRO plc (LON:SGRO) traded up 0.92% during mid-day trading on Monday, hitting GBX 350.20. The stock had a trading volume of 996,393 shares. SEGRO plc has a 1-year low of GBX 279.00 and a 1-year high of GBX 379.00. The stock has a 50-day moving average of GBX 356.4 and a 200-day moving average of GBX 347.9. The company’s market cap is £2.596 billion.
A number of other firms have also recently commented on SGRO. Analysts at Barclays reiterated an “overweight” rating on shares of SEGRO plc in a research note on Thursday. Separately, analysts at BNP Paribas reiterated a “neutral” rating on shares of SEGRO plc in a research note on Tuesday, July 8th. They now have a GBX 380 ($6.51) price target on the stock. Finally, analysts at Kempen & Co reiterated a “neutral” rating on shares of SEGRO plc in a research note on Friday, July 4th. They now have a GBX 365 ($6.25) price target on the stock. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the company’s stock. SEGRO plc has an average rating of “Hold” and a consensus price target of GBX 334.58 ($5.73).
SEGRO plc is a real estate investment trust (LON:SGRO).
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