Today JP Morgan Cazenove Reiterates a “Underweight” Rating on Segro (LON:SGRO) and a GBX 540.00 Target Price

July 26, 2017 - By Peter Erickson

Segro (LON:SGRO) Rating Reaffirmed

JP Morgan Cazenove now has a GBX 540.00 PT on the 5.33 billion GBP market cap company or 4.35 % upside potential. In a research report published on 25 July, Segro (LON:SGRO) shares have had their “Underweight” Rating restate by stock analysts at JP Morgan Cazenove.

SEGRO plc (LON:SGRO) Ratings Coverage

Among 20 analysts covering Segro (LON:SGRO), 10 have Buy rating, 3 Sell and 7 Hold. Therefore 50% are positive. Segro has GBX 565 highest and GBX 380 lowest target. GBX 489.85’s average target is -8.18% below currents GBX 533.5 stock price. Segro had 153 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Add” rating given on Tuesday, April 12 by Peel Hunt. The rating was maintained by Deutsche Bank with “Hold” on Monday, February 1. AlphaValue maintained it with “Add” rating and GBX 500 target in Thursday, August 6 report. The firm earned “Hold” rating on Monday, January 25 by Jefferies. Liberum Capital maintained it with “Hold” rating and GBX 475 target in Tuesday, March 28 report. The firm has “Buy” rating given on Thursday, October 22 by Canaccord Genuity. Investec maintained the shares of SGRO in report on Friday, February 19 with “Buy” rating. As per Wednesday, October 7, the company rating was maintained by Morgan Stanley. The firm has “Neutral” rating given on Tuesday, September 15 by Goldman Sachs. The stock has “Hold” rating by Numis Securities on Wednesday, April 19.

About 687,942 shares traded. SEGRO plc (LON:SGRO) has 0.00% since July 26, 2016 and is . It has underperformed by 16.70% the S&P500.

SEGRO plc is a United Kingdom-based real estate investment trust. The company has market cap of 5.33 billion GBP. The Firm owns, develops and manages warehouse properties in the United Kingdom and Continental Europe. It has a 7.89 P/E ratio. The Company’s divisions include Greater London, Thames Valley and National Logistics, Northern Europe , Southern Europe (principally France) and Central Europe (principally Poland).

More news for SEGRO plc (LON:SGRO) were recently published by: Reuters.com, which released: “UPDATE 1-Rise in online shopping boosts warehouse developer Segro’s asset value” on July 25, 2017. Reuters.com‘s article titled: “UK Stocks-Factors to watch on July 25” and published on July 25, 2017 is yet another important article.

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