SEGRO plc (LON:SGRO) has been assigned an average rating of “Hold” from the eighteen ratings firms that are presently covering the stock. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and five have issued a buy rating on the company. The average 1 year target price among brokerages that have covered the stock in the last year is GBX 451.89 ($5.90).
A number of analysts have commented on SGRO shares. BNP Paribas reissued a “neutral” rating and issued a GBX 450 ($5.87) target price on shares of SEGRO plc in a report on Monday, June 20th. Goldman Sachs Group Inc. reduced their target price on SEGRO plc from GBX 555 ($7.24) to GBX 475 ($6.20) and set a “buy” rating for the company in a report on Wednesday, June 29th. Liberum Capital reduced their target price on SEGRO plc from GBX 487 ($6.36) to GBX 475 ($6.20) and set a “buy” rating for the company in a report on Monday, July 4th. Societe Generale reissued a “hold” rating and issued a GBX 410 ($5.35) target price on shares of SEGRO plc in a report on Tuesday, July 5th. Finally, Barclays PLC reduced their target price on SEGRO plc from GBX 460 ($6.00) to GBX 440 ($5.74) and set an “equal weight” rating for the company in a report on Thursday, July 7th.
Shares of SEGRO plc (LON:SGRO) opened at 439.70 on Wednesday. SEGRO plc has a one year low of GBX 331.40 and a one year high of GBX 463.90. The company’s 50-day moving average price is GBX 447.64 and its 200-day moving average price is GBX 429.44. The stock’s market cap is GBX 3.31 billion.
The company also recently announced a dividend, which was paid on Friday, September 30th. Investors of record on Thursday, August 18th were given a GBX 5.20 ($0.07) dividend. The ex-dividend date of this dividend was Thursday, August 18th. This represents a dividend yield of 1.19%.
About SEGRO plc
SEGRO plc is a United Kingdom-based real estate investment trust. The Company owns, develops and manages warehouse and industrial property assets in the United Kingdom and Continental Europe. Its portfolio of warehouse and light industrial buildings is concentrated in European countries. The Company’s segments are the geographical business units, which include Greater London, Thames Valley and National Logistics, Northern Europe (principally Germany), Southern Europe (principally France) and Central Europe (principally Poland).
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