Segro Rating Lowered to Equalweight at Barclays Capital (SGRO)
Segro (LON: SGRO) was downgraded by investment analysts at Barclays Capital to an “equalweight” rating in a note issued to investors on Tuesday. They currently have a $4.34 (270 GBX) target price on the stock.
Shares of Segro opened at 244.10 on Tuesday. Segro has a one year low of GBX 198.17 and a one year high of GBX 260.20. The stock’s 50-day moving average is currently GBX 230.2. The company’s market cap is £1.808 billion.
A number of other firms have also recently commented on SGRO. Analysts at Societe Generale reiterated a “buy” rating on shares of Segro in a research note to investors on Wednesday, January 9th. They now have a $4.66 price target on the stock. Separately, analysts at Exane BNP Paribas reiterated a “neutral” rating on shares of Segro in a research note to investors on Monday, December 31st. They now have a $4.04 price target on the stock. Finally, analysts at Exane BNP Paribas reiterated a “neutral” rating on shares of Segro in a research note to investors on Friday, December 21st. They now have a $4.07 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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