A statement released earlier today by Exane BNP Paribas about Segro (LON:SGRO) maintains the target price at 480.00GBX
- Updated: October 2, 2016
Yesterday Segro (LON:SGRO) traded -0.42% lower at 450.30GBX. The company’s 50-day moving average is 447.24GBX and its 200-day moving average is 427.87GBX. The last stock close price is up 5.62% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 607,079 shares of the stock were exchanged, down from an average trading volume of 1,980,910
Reporting a possible upside of 0.07%, Exane BNP Paribas hold steady the price target of Segro (LON:SGRO) at 480.00GBX
Previously on 9/30/2016, HSBC reported about Segro (LON:SGRO) raised the target price from 418.00GBX to 439.00GBX. At the time, this indicated a possible downside of -0.01%.
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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 Exane BNP Paribas reporting its target price, a total of 19 firms have issued a report 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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