SEGRO plc PT Raised to GBX 382 at Liberum Capital (SGRO)
Investment analysts at Liberum Capital boosted their target price on shares of SEGRO plc (LON:SGRO) from GBX 372 ($6.22) to GBX 382 ($6.39) in a note issued to investors on Wednesday. The firm currently has a “hold” rating on the stock. Liberum Capital’s price objective would indicate a potential upside of 1.54% from the stock’s previous close.
A number of other firms have also recently commented on SGRO. Analysts at Jefferies Group raised their price target on shares of SEGRO plc from GBX 350 ($5.85) to GBX 356 ($5.95) in a research note on Tuesday, August 12th. They now have a “hold” rating on the stock. Separately, analysts at Oriel Securities Ltd reiterated an “add” rating on shares of SEGRO plc in a research note on Wednesday, August 6th. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of SEGRO plc in a research note on Thursday, July 31st. They now have a GBX 390 ($6.52) price target on the stock. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the company. SEGRO plc has a consensus rating of “Hold” and an average price target of GBX 338.92 ($5.67).
SEGRO plc (LON:SGRO) traded down 0.98% during mid-day trading on Wednesday, hitting GBX 372.50. The stock had a trading volume of 381,621 shares. SEGRO plc has a 52 week low of GBX 279.00 and a 52 week high of GBX 379.00. The stock’s 50-day moving average is GBX 357.2 and its 200-day moving average is GBX 351.9. The company’s market cap is £2.762 billion.
The company also recently announced a dividend, which is scheduled for Friday, October 3rd. Investors of record on Wednesday, August 27th will be paid a dividend of GBX 4.90 ($0.08) per share. This represents a dividend yield of 1.38%. The ex-dividend date is Wednesday, August 27th.
SEGRO plc is a real estate investment trust (LON:SGRO).
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