SEGRO (SGRO) Earns Buy Rating from Liberum Capital

Liberum Capital reissued their buy rating on shares of SEGRO (LON:SGRO) in a report released on Tuesday morning.

Several other research analysts also recently commented on SGRO. Peel Hunt reissued a hold rating on shares of SEGRO in a report on Tuesday, December 4th. JPMorgan Chase & Co. boosted their target price on SEGRO from GBX 670 ($8.75) to GBX 690 ($9.02) and gave the stock an underweight rating in a report on Friday, March 1st. Royal Bank of Canada boosted their target price on SEGRO from GBX 625 ($8.17) to GBX 650 ($8.49) and gave the stock a sector performer rating in a report on Friday, February 22nd. HSBC boosted their target price on SEGRO from GBX 692 ($9.04) to GBX 705 ($9.21) and gave the stock a buy rating in a report on Thursday, February 21st. Finally, Credit Suisse Group reissued an outperform rating on shares of SEGRO in a report on Wednesday, December 12th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and eight have given a buy rating to the company. The stock has an average rating of Hold and a consensus price target of GBX 711.08 ($9.29).

Shares of SGRO opened at GBX 675.40 ($8.83) on Tuesday. SEGRO has a one year low of GBX 447.40 ($5.85) and a one year high of GBX 612.80 ($8.01).



The company also recently disclosed a dividend, which will be paid on Thursday, May 2nd. Shareholders of record on Thursday, March 21st will be issued a dividend of GBX 13.25 ($0.17) per share. This is an increase from SEGRO’s previous dividend of $5.55. The ex-dividend date of this dividend is Thursday, March 21st. This represents a yield of 2.04%.

SEGRO Company Profile

SEGRO is a UK Real Estate Investment Trust (REIT), and a leading owner, manager and developer of modern warehouses and light industrial property. It owns or manages 7 million square metres of space (74 million square feet) valued at over £10 billion serving customers from a wide range of industry sectors.

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Analyst Recommendations for SEGRO (LON:SGRO)

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