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SEGRO plc (SGRO) Price Target Raised to GBX 414 at Jefferies …

SEGRO Plc (SGRO) Price Target Raised To GBX 414 At Jefferies ...SEGRO plc (LON:SGRO) had its target price increased by analysts at Jefferies Group from GBX 409 ($5.84) to GBX 414 ($5.91) in a research note issued to investors on Monday, AnalystRatings.NET[1] reports. The firm currently has a hold rating on the real estate investment trust s stock. Jefferies Group s target price indicates a potential downside of 2.15% from the stock s previous close.

Several other analysts have also recently commented on SGRO. BNP Paribas reiterated a neutral rating and set a GBX 480 ($6.85) target price on shares of SEGRO plc in a research report on Thursday, October 1st. Numis Securities Ltd restated a hold rating and issued a GBX 453 ($6.46) price objective on shares of SEGRO plc in a research report on Tuesday, October 6th. HSBC lowered their price objective on shares of SEGRO plc from GBX 451 ($6.43) to GBX 430 ($6.13) and set a hold rating for the company in a research report on Wednesday, October 7th. Morgan Stanley lowered their price objective on shares of SEGRO plc from GBX 451 ($6.43) to GBX 430 ($6.13) and set a hold rating for the company in a research report on Wednesday, October 7th. Finally, Deutsche Bank restated a hold rating and issued a GBX 400 ($5.71) price objective on shares of SEGRO plc in a research report on Thursday, October 22nd. Thirteen analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company has an average rating of Hold and a consensus price target of GBX 459.56 ($6.56). Shares of SEGRO plc (LON:SGRO[2]) opened at 423.10 on Monday. The firm s market cap is GBX 3.16 billion. SEGRO plc has a 12 month low of GBX 401.40 and a 12 month high of GBX 466.70. The firm has a 50 day moving average price of GBX 425.90 and a 200-day moving average price of GBX 431.80. In other news, insider Ford,Margaret Baroness bought 9,000 shares of the business s stock in a transaction that occurred on Thursday, December 3rd. The stock was acquired at an average cost of GBX 446 ($6.36) per share, for a total transaction of 40,140 ($57,269.23).

SEGRO plc is a real estate investment trust. The Company owns, develops and manages warehouse and industrial property assets in the United Kingdom and Continental Europe. Its portfolio of warehouse and light industrial buildings are located in four European countries: the United Kingdom, France, Germany and Poland. The Company operates in five geographic segments: Greater London, which manages its wholly owned and joint venture holdings around Heathrow Airport and in Park Royal; Thames Valley and National Logistics, which includes Slough Trading Estate, Thames Valley and big box logistics outside London; Northern Europe, which manages the Company s wholly owned and SEGRO European Logistics Partnership (LON:SGRO[3]) joint venture assets in Germany, Belgium and the Netherlands; Southern Europe segment, which manages its wholly owned and SELP joint venture assets in France and Italy, and Central Europe segment, which is engaged in managing its assets in Poland, the Czech Republic and Hungary.document.write( SEGRO Plc (SGRO) Price Target Raised To GBX 414 At Jefferies ... );

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References

  1. ^ AnalystRatings.NET (www.marketbeat.com)
  2. ^ LON:SGRO (www.marketbeat.com)
  3. ^ LON:SGRO (www.marketbeat.com)
  4. ^ MarketBeat.com’s FREE daily email newsletter (zolmax.com)



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