SEGRO plc Rating Reiterated by JPMorgan Chase & Co. (SGRO)
SEGRO plc (LON:SGRO)‘s stock had its “overweight” rating restated by stock analysts at JPMorgan Chase & Co. in a report issued on Thursday. They currently have a GBX 390 ($6.62) target price on the stock. JPMorgan Chase & Co.’s target price would indicate a potential upside of 9.92% from the company’s current price.
Shares of SEGRO plc (LON:SGRO) opened at 354.80 on Thursday. SEGRO plc has a 52-week low of GBX 279.00 and a 52-week high of GBX 379.00. The stock has a 50-day moving average of GBX 352.2 and a 200-day moving average of GBX 349.9. The company’s market cap is £2.631 billion.
The company also recently declared a dividend, which is scheduled for Friday, October 3rd. Investors of record on Wednesday, August 27th will be given a dividend of GBX 4.90 ($0.08) per share. This represents a yield of 1.38%. The ex-dividend date of this dividend is Wednesday, August 27th.
SGRO has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “sell” rating on shares of SEGRO plc in a research note on Wednesday. They now have a GBX 260 ($4.42) price target on the stock, up previously from GBX 250 ($4.25). Separately, analysts at Liberum Capital reiterated a “hold” rating on shares of SEGRO plc in a research note on Wednesday, July 23rd. They now have a GBX 372 ($6.32) price target on the stock. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of GBX 337.58 ($5.73).
SEGRO plc is a real estate investment trust (LON:SGRO).
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