SEGRO plc (SGRO) Given Average Rating of “Hold” by Brokerages

SEGRO plc (LON:SGRO) has received an average recommendation of “Hold” from the twelve analysts that are covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is GBX 561.82 ($7.88).

Several equities analysts have commented on SGRO shares. Liberum Capital restated a “hold” rating and issued a GBX 505 ($7.08) price target on shares of SEGRO in a research note on Thursday, October 19th. JPMorgan Chase & Co. restated an “underweight” rating and issued a GBX 540 ($7.57) price target on shares of SEGRO in a research note on Thursday, October 19th. Numis Securities restated an “add” rating and issued a GBX 580 ($8.13) price target on shares of SEGRO in a research note on Thursday, October 19th. Peel Hunt restated an “add” rating on shares of SEGRO in a research note on Wednesday, November 1st. Finally, Canaccord Genuity boosted their price target on shares of SEGRO from GBX 560 ($7.85) to GBX 620 ($8.69) and gave the stock a “buy” rating in a research note on Friday, December 22nd.

SEGRO (LON SGRO) traded down GBX 3.60 ($0.05) during trading on Friday, reaching GBX 551.80 ($7.74). 2,606,632 shares of the company traded hands, compared to its average volume of 2,100,000. SEGRO has a 12-month low of GBX 444.27 ($6.23) and a 12-month high of GBX 590.80 ($8.28). The firm has a market cap of $5,530.00 and a P/E ratio of 811.47.

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SEGRO 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).

Analyst Recommendations for SEGRO (LON:SGRO)

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