SEGRO (LON:SGRO – Get Free Report)‘s stock had its “buy” rating reiterated by Shore Capital in a research report issued on Wednesday, Marketbeat reports.
A number of other brokerages have also issued reports on SGRO. Jefferies Financial Group decreased their target price on SEGRO from GBX 950 ($12.49) to GBX 930 ($12.23) and set a “hold” rating on the stock in a research report on Monday, July 29th. UBS Group lowered shares of SEGRO to a “neutral” rating and dropped their target price for the company from GBX 1,045 ($13.74) to GBX 985 ($12.95) in a research report on Tuesday, August 20th. Finally, JPMorgan Chase & Co. raised their price target on shares of SEGRO from GBX 1,000 ($13.15) to GBX 1,050 ($13.81) and gave the company an “overweight” rating in a research note on Thursday, August 22nd. Three analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 973.80 ($12.80).
View Our Latest Stock Analysis on SGRO
SEGRO Stock Performance
SEGRO Company Profile
SEGRO is a UK Real Estate Investment Trust (REIT), listed on the London Stock Exchange and Euronext Paris, and is a leading owner, manager and developer of modern warehouses and industrial property. It owns or manages 10.4 million square metres of space (112 million square feet) valued at £20.7 billion serving customers from a wide range of industry sectors.
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