SEGRO plc Receives Average Recommendation of “Hold” from Analysts (LON:SGRO)
Shares of SEGRO plc (LON:SGRO) have received a consensus rating of “Hold” from the fifteen brokerages that are currently covering the stock, AnalystRatings.NET reports. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is GBX 338.08 ($5.67).
SEGRO plc (LON:SGRO) opened at 374.30 on Tuesday. 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 355.4 and a 200-day moving average of GBX 351.2. The company’s market cap is £2.775 billion.
The company also recently declared a dividend, which is scheduled for Friday, October 3rd. Shareholders 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 recent research reports. Analysts at Liberum Capital reiterated a “hold” rating on shares of SEGRO plc in a research note on Tuesday. They now have a GBX 372 ($6.24) price target on the stock. Separately, analysts at Jefferies Group raised their price target on shares of SEGRO plc from GBX 350 ($5.87) to GBX 356 ($5.97) in a research note on Tuesday. They now have a “hold” rating on the stock. Finally, analysts at Oriel Securities Ltd reiterated an “add” rating on shares of SEGRO plc in a research note on Wednesday, August 6th.
SEGRO plc is a real estate investment trust (LON:SGRO).
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