A statement released earlier today by Deutsche Bank about Segro (LON:SGRO) maintains the target price at 400.00GBX
- Updated: October 3, 2016
Deutsche Bank hold steady the target of Segro (LON:SGRO) at 400.00GBX stating a potential upside of 0%.
On Monday October 03, 2016, Exane BNP Paribas released a statement for Segro (LON:SGRO) maintained the target price at 480.00GBX that suggested an upside of 0.07%.
Showing a price of 0.00GBX, Segro (LON:SGRO) traded -0.42% lower on the day. The last stock close price is down 5.62% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. The company has recorded a 50-day moving average of 447.24GBX and a 200-day moving average of 427.87GBX. 607,079 shares of the stock were exchanged, down from an average trading volume of 1,980,910
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Segro has a 52 week low of 331.40GBX and a 52 week high of 460.40GBX with a P/E ratio of 6.19 The company’s market cap is currently 0 GBX.
In addition to Deutsche Bank reporting its target price, a total of 19 firms have reported on the stock. The consensus target price is 442.79GBX with 5 firms rating the stock a strong buy, 3 firms rating the stock a buy, 11 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 1 firm rating the stock a sell.
About Segro (LON:SGRO)
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). Its warehouse assets of over 10,000 square meters are designed to a range of occupiers for manufacturing, storage and logistics uses. It focuses on providing space, including space the Company develops and its space is used for a range of activities, from traditional warehouse uses, such as parcel distribution, food manufacturing and bulk storage, to the more eclectic, including film studios and trampolining.
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