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SEGRO plc (SGRO) Stock Rating Reaffirmed by Numis Securities …

SEGRO Plc (SGRO) Stock Rating Reaffirmed By Numis Securities ...SEGRO plc (LON:SGRO) s stock had its hold rating reiterated by Numis Securities Ltd in a research report issued to clients and investors on Tuesday, AnalystRatings.Net[1] reports. They presently have a GBX 456 ($6.64) target price on the real estate investment trust s stock. Numis Securities Ltd s price objective suggests a potential upside of 8.47% from the stock s current price.

In other SEGRO plc news, insider Ford,Margaret Baroness acquired 9,000 shares of the company s stock in a transaction dated Thursday, December 3rd. The shares were acquired at an average cost of GBX 446 ($6.49) per share, with a total value of 40,140 ($58,436.45). Shares of SEGRO plc (LON:SGRO[2]) opened at 426.4000 on Tuesday. The stock s market capitalization is GBX 3.18 billion. The firm s 50-day moving average is GBX 431.31 and its 200 day moving average is GBX 431.56. SEGRO plc has a 52-week low of GBX 385.30 and a 52-week high of GBX 466.70. SGRO has been the topic of several other reports. BNP Paribas restated a neutral rating and set a GBX 480 ($6.99) price objective on shares of SEGRO plc in a research report on Tuesday, October 13th. Jefferies Group restated a hold rating and set a GBX 409 ($5.95) price objective on shares of SEGRO plc in a research report on Monday, September 21st. Canaccord Genuity restated a buy rating and set a GBX 512 ($7.45) price objective on shares of SEGRO plc in a research report on Monday, September 21st. Morgan Stanley restated an equalwt/attractive rating and set a GBX 440 ($6.41) price objective on shares of SEGRO plc in a research report on Monday. Finally, Peel Hunt restated a hold rating and set a GBX 470 ($6.84) price objective on shares of SEGRO plc in a research report on Monday, November 23rd. Twelve equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company has an average rating of Hold and an average price target of GBX 459.25 ($6.69).

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) Stock Rating Reaffirmed By Numis Securities ... );

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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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