Segro (LON: SGRO) was upgraded by investment analysts at Goldman Sachs to a “buy” rating in a note issued to investors on Thursday. The firm currently has a $4.28 (285 GBX) target price on the stock.

Segro opened at 264.60 on Thursday. 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 £1.966 billion.

Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase raised their price target on shares of Segro from $4.21 to $4.36 in a research note to investors on Wednesday. They now have an “overweight” rating on the stock. Separately, analysts at JP Morgan Cazenove raised their price target on shares of Segro from $4.21 to $4.36 in a research note to investors on Wednesday. They now have an “overweight” rating on the stock. Finally, analysts at BNP Paribas raised their price target on shares of Segro from $3.64 to $3.79 in a research note to investors on Thursday, February 28th. They now have a “neutral” rating on the stock.

SEGRO plc is a real estate investment trust (REIT). It is the owner-manager and developer of industrial property.

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