SEGRO (SGRO) Price Target Raised to GBX 620 at Canaccord Genuity

SEGRO (LON:SGRO) had its target price upped by Canaccord Genuity from GBX 560 ($7.59) to GBX 620 ($8.41) in a research note issued to investors on Friday, December 22nd. They currently have a buy rating on the real estate investment trust’s stock.

A number of other research firms have also commented on SGRO. Numis Securities reissued an add rating and issued a GBX 580 ($7.87) price target on shares of SEGRO in a research report on Tuesday, September 26th. Peel Hunt reissued an add rating on shares of SEGRO in a research report on Wednesday, November 1st. Liberum Capital raised shares of SEGRO to a buy rating and boosted their target price for the stock from GBX 505 ($6.85) to GBX 640 ($8.68) in a research report on Friday, December 15th. Goldman Sachs Group reaffirmed a neutral rating and set a GBX 535 ($7.26) target price on shares of SEGRO in a research report on Wednesday, September 27th. Finally, JPMorgan Chase & Co. reaffirmed an underweight rating and set a GBX 540 ($7.32) target price on shares of SEGRO in a research report on Thursday, October 19th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the company. SEGRO has an average rating of Hold and an average target price of GBX 543.67 ($7.37).

Shares of SEGRO (LON:SGRO) opened at GBX 574.60 ($7.79) on Friday. SEGRO has a one year low of GBX 431.01 ($5.84) and a one year high of GBX 590.80 ($8.01). The stock has a market cap of $5,760.00 and a P/E ratio of 845.00.

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SEGRO Company Profile

SEGRO plc is a United Kingdom-based real estate investment trust. The Company owns, develops and manages warehouse properties in the United Kingdom and Continental Europe. Its segments include Greater London, Thames Valley and National Logistics, Northern Europe (principally Germany), Southern Europe (principally France) and Central Europe (principally Poland).

Analyst Recommendations for SEGRO (LON:SGRO)

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