London: Segro (LON:SGRO) Stock Has Just Had Its “Buy” Rating Reiterated by Liberum Capital. Shares now Have a GBX 487.00 Target

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Segro (LON:SGRO) Rating Reaffirmed

Recently, In a note revealed to clients on Tuesday morning, Segro (LON:SGRO) shares have had their “Buy” Rating reconfirmed by equity research analysts at Liberum Capital, who currently has a GBX 487.00 price target on firm. This target by Liberum Capital provides the possibile upside of 8.44% from the price per share.

From a total of 17 analysts covering Segro (LON:SGRO) stock, 6 rate it a ”Buy”, 0 a “Sell”, and 13 a ”Hold”. This means that 32% of the ratings are positive. The highest target price is GBX 550 while the lowest target price is GBX 400. The mean of all analyst targets is GBX 468.71 with a 2.50% above today’s (GBX 448.31) stock price. Segro was the topic of 36 analyst reports since July 22, 2015 according to the firm StockzIntelligence Inc. Jefferies maintained shares on November 30 with “Hold” rating. Barclays Capital maintained shares with “Equal Weight” rating and GBX 450 target share price in a report from an October 30. Canaccord Genuity maintained SGRO stock in a recent report from November 23 with “Buy” rating. Deutsche Bank maintained the rating on October 22. Deutsche Bank has a “Hold” rating and a GBX 400 price target on shares. Finally, Goldman Sachs maintained the stock with “Neutral” rating in a report issued on a November 3.

The stock increased 1.61% or GBX 7.11 on December 1, striking GBX 448.31. Approximately 1.48M shares of stock traded hands or 46.53% up from the average. SEGRO plc (LON:SGRO) has risen 3.81% since May 4, 2015 and is uptrending. It has outperformed by 5.44% the S&P500.

London: Segro (LON:SGRO) Stock Has Just Had Its

SEGRO plc is a real estate investment trust. The company has a market cap of 3.31 billion GBP. The Firm owns, develops and manages warehouse and industrial property assets in the United Kingdom and Continental Europe. It has 4.19 P/E ratio. The Company’s portfolio of warehouse and light industrial buildings are located in four European countries: the United Kingdom, France, Germany and Poland.

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