Analysts at Jefferies Maintain their Past ‘Hold’ rating on Shares Segro (LON:SGRO), Set a GBX 409 PT

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Segro (LON:SGRO) Rating Reaffirmed

The financial firm has just set a TP of GBX 409 on Segro (LON:SGRO) shares. This is -4.10% from the previous stock close. In an analyst note issued to investors and clients on Monday, 14 December, Jefferies maintained their Hold rating on shares of SGRO.

From a total of 18 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 469.72 with a 7.77% above today’s (GBX 428) stock price. Segro was the topic of 38 analyst reports since July 22, 2015 according to the firm StockzIntelligence Inc. Liberum Capital initiated shares on December 3 with “Buy” rating. Barclays Capital maintained shares with “Equal Weight” rating and GBX 450 target share price in a report from an October 30. Kempen & Co maintained SGRO stock in a recent report from November 23 with “Neutral” rating. Deutsche Bank maintained the rating on October 22. Deutsche Bank has a “Hold” rating and a GBX 400 price target on shares. Finally, Peel Hunt maintained the stock with “Hold” rating in a report issued on a November 23.

Approximately 49,213 shares of stock traded hands. SEGRO plc (LON:SGRO) has risen 0.59% since May 15, 2015 and is uptrending. It has outperformed by 5.01% the S&P500.

Analysts at Jefferies Maintain their Past ‘Hold’ rating on Shares Segro (LON:SGRO), Set a GBX 409 PT

SEGRO plc is a real estate investment trust. The company has a market cap of 3.20 billion GBP. The Firm owns, develops and manages warehouse and industrial property assets in the United Kingdom and Continental Europe. It has 4 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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