Segro (LON:SGRO) Rating Reaffirmed
In recent note sent to investors and clients on Tuesday, 15 December, The Buy rating of Segro (LON:SGRO) shares was reaffirmed at Liberum Capital, who now has a GBX 487.00 target price on the stock. Liberum Capital’s target price would now indicate a possible upside of 15.47% from the previous close of the company.
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 9.15% above today’s (GBX 422.6) stock price. Segro was the topic of 39 analyst reports since July 22, 2015 according to the firm StockzIntelligence Inc. Jefferies maintained shares on December 14 with “Hold” 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 91,984 shares of stock traded hands. SEGRO plc (LON:SGRO) has declined 0.40% since May 18, 2015 and is downtrending. It has outperformed by 3.27% the S&P500.
SEGRO plc is a real estate investment trust. The company has a market cap of 3.16 billion GBP. The Firm owns, develops and manages warehouse and industrial property assets in the United Kingdom and Continental Europe. It has 3.95 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.