SEGRO plc (SGRO) Set to Announce Quarterly Earnings on Tuesday
SEGRO plc (LON:SGRO) is set to announce its earnings results before the market opens on Tuesday, July 25th.
Shares of SEGRO plc (LON:SGRO) opened at 503.00 on Tuesday. The firm has a 50 day moving average price of GBX 495.34 and a 200 day moving average price of GBX 477.21. SEGRO plc has a 1-year low of GBX 378.97 and a 1-year high of GBX 512.00. The firm’s market cap is GBX 4.17 billion.
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SGRO has been the topic of a number of research analyst reports. Liberum Capital cut their price objective on shares of SEGRO plc from GBX 490 ($6.40) to GBX 475 ($6.20) and set a “hold” rating on the stock in a research report on Tuesday, March 28th. Canaccord Genuity lowered their target price on shares of SEGRO plc from GBX 525 ($6.86) to GBX 515 ($6.72) and set a “buy” rating on the stock in a report on Thursday, April 6th. Jefferies Group LLC lowered their target price on shares of SEGRO plc from GBX 425 ($5.55) to GBX 420 ($5.48) and set an “underperform” rating on the stock in a report on Wednesday, April 26th. Citigroup Inc. restated a “buy” rating and issued a GBX 560 ($7.31) target price on shares of SEGRO plc in a report on Friday, April 21st. Finally, HSBC Holdings plc upped their target price on shares of SEGRO plc from GBX 487 ($6.36) to GBX 489 ($6.39) and gave the stock a “hold” rating in a report on Tuesday, July 4th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of GBX 489.50 ($6.39).
SEGRO plc Company Profile
SEGRO plc is a United Kingdom-based real estate investment trust. The Company owns, develops and manages warehouse properties in the United Kingdom and Continental Europe. Its segments include Greater London, Thames Valley and National Logistics, Northern Europe (principally Germany), Southern Europe (principally France) and Central Europe (principally Poland).
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