Peel Hunt reissued their hold rating on shares of SEGRO (LON:SGRO) in a report issued on Tuesday morning.
Other analysts also recently issued research reports about the company. Numis Securities raised SEGRO to an add rating and set a GBX 712 ($9.30) price target on the stock in a research note on Wednesday, October 17th. Deutsche Bank reissued a buy rating on shares of SEGRO in a research note on Tuesday, November 20th. Liberum Capital reissued a buy rating on shares of SEGRO in a research note on Thursday, October 25th. Credit Suisse Group lifted their price target on SEGRO from GBX 300 ($3.92) to GBX 745 ($9.73) and gave the company an outperform rating in a research note on Thursday, August 23rd. Finally, Barclays lifted their price target on SEGRO from GBX 690 ($9.02) to GBX 700 ($9.15) and gave the company an overweight rating in a research note on Monday, August 6th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and seven have issued a buy rating to the company’s stock. The company presently has a consensus rating of Buy and a consensus price target of GBX 661.92 ($8.65).
SGRO opened at GBX 606.60 ($7.93) on Tuesday. SEGRO has a 1 year low of GBX 447.40 ($5.85) and a 1 year high of GBX 612.80 ($8.01).
SEGRO is a UK Real Estate Investment Trust (REIT), and a leading owner, manager and developer of modern warehouses and light industrial property. It owns or manages 7 million square metres of space (74 million square feet) valued at over £10 billion serving customers from a wide range of industry sectors.
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