SEGRO plc Earns “Hold” Rating from Liberum Capital (SGRO)
SEGRO plc (LON:SGRO)‘s stock had its “hold” rating restated by Liberum Capital in a research note issued on Monday. They currently have a GBX 382 ($6.34) price target on the stock. Liberum Capital’s price objective would indicate a potential upside of 3.64% from the company’s current price.
SEGRO plc (LON:SGRO) traded up 0.16% during mid-day trading on Monday, hitting GBX 370.70. 610,816 shares of the company’s stock traded hands. SEGRO plc has a one year low of GBX 279.00 and a one year high of GBX 379.00. The stock’s 50-day moving average is GBX 361.9 and its 200-day moving average is GBX 353.4. The company’s market cap is £2.749 billion.
The company also recently announced a dividend, which is scheduled for Friday, October 3rd. Shareholders 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.
Several other analysts have also recently commented on the stock. Analysts at HSBC downgraded shares of SEGRO plc to a “neutral” rating in a research note on Thursday. They now have a GBX 408.80 ($6.78) price target on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of SEGRO plc from GBX 260 ($4.31) to GBX 270 ($4.48) in a research note on Thursday, August 21st. They now have a “sell” rating on the stock. Finally, analysts at Jefferies Group raised their price target on shares of SEGRO plc from GBX 350 ($5.81) to GBX 356 ($5.91) in a research note on Tuesday, August 12th. They now have a “hold” rating on the stock. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and three have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 340.48 ($5.65).
SEGRO plc is a real estate investment trust (LON:SGRO).
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.