Segro (LON: SGRO)‘s stock had its “reduce” rating restated by equities researchers at Seymour Pierce in a report issued on Wednesday. They currently have a $4.96 (327 GBX) target price on the stock.
Segro traded down 0.32% on Wednesday, hitting GBX 251.90. Segro has a 52-week low of GBX 207.90 and a 52-week high of GBX 260.20. The stock’s 50-day moving average is currently GBX 230.2. The company’s market cap is £1.866 billion.
Several other analysts have also recently commented on the stock. Analysts at Oriel Securities Ltd reiterated an “add” rating on shares of Segro in a research note to investors on Wednesday. Separately, analysts at Morgan Stanley reiterated an “equal weight” rating on shares of Segro in a research note to investors on Wednesday. They now have a $3.64 price target on the stock. Finally, analysts at Investec reiterated a “buy” rating on shares of Segro in a research note to investors on Wednesday. They now have a $3.94 price target on the stock.
SEGRO plc is a real estate investment trust (REI T). The Company is the owner-manager and developer of industrial property.
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