SEGRO Plc (LON:SGRO – Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 747.94 and traded as high as GBX 884. SEGRO shares last traded at GBX 884, with a volume of 8,515,262 shares trading hands.
Analysts Set New Price Targets
A number of equities research analysts have commented on SGRO shares. Berenberg Bank reissued a “buy” rating and set a GBX 915 price target on shares of SEGRO in a report on Friday, April 17th. Citigroup reissued a “buy” rating and set a £104.30 target price on shares of SEGRO in a research note on Friday, June 26th. The Goldman Sachs Group lowered their price target on SEGRO from GBX 890 to GBX 800 and set a “neutral” rating on the stock in a report on Monday, March 30th. Deutsche Bank Aktiengesellschaft upped their price target on SEGRO from GBX 800 to GBX 850 and gave the stock a “hold” rating in a research note on Friday, March 20th. Finally, Jefferies Financial Group lifted their price objective on shares of SEGRO from GBX 855 to GBX 917 and gave the company a “hold” rating in a research report on Thursday, July 9th. Five equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, SEGRO has an average rating of “Moderate Buy” and an average price target of GBX 2,229.57.
Get Our Latest Stock Report on SGRO
SEGRO Trading Up 2.6%
SEGRO Company Profile
SEGRO is a UK Real Estate Investment Trust (REIT), and a leading owner, asset manager and developer of modern warehousing, industrial property and data centres across the UK and seven other European countries.
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