Trade Report: The SEGRO plc (SGRO) Lowered by Goldman Sachs Group Inc.

The SEGRO plc (SGRO) Lowered by Goldman Sachs Group Inc.

SEGRO plc (LON:SGRO) was downgraded by equities research analysts at Goldman Sachs Group Inc. to a “neutral” rating in a research note issued on Wednesday. They currently have a GBX 510 ($6.37) price objective on the real estate investment trust’s stock, up from their previous price objective of GBX 505 ($6.31). Goldman Sachs Group Inc.’s price objective would indicate a potential upside of 23.85% from the stock’s previous close.

A number of other equities analysts also recently commented on the stock. Societe Generale reaffirmed a “hold” rating and set a GBX 410 ($5.12) price objective on shares of SEGRO plc in a report on Tuesday, July 5th. Barclays PLC reduced their price objective on shares of SEGRO plc from GBX 460 ($5.75) to GBX 440 ($5.50) and set an “equal weight” rating for the company in a report on Thursday, July 7th. BNP Paribas reaffirmed a “neutral” rating and set a GBX 390 ($4.87) price objective on shares of SEGRO plc in a report on Sunday, July 10th. Citigroup Inc. downgraded shares of SEGRO plc to a “neutral” rating and set a GBX 451 ($5.63) price objective for the company. in a report on Monday, July 18th. Finally, Liberum Capital reaffirmed a “buy” rating and set a GBX 487 ($6.08) price objective on shares of SEGRO plc in a report on Tuesday, July 26th. One analyst has rated the stock with a sell rating, thirteen have given a hold rating and four have given a buy rating to the stock. SEGRO plc has an average rating of “Hold” and an average target price of GBX 455.78 ($5.69).

SEGRO plc (LON:SGRO) traded up 0.2678% on Wednesday, hitting GBX 411.8389. 839,518 shares of the stock traded hands. SEGRO plc has a 12-month low of GBX 331.40 and a 12-month high of GBX 463.90. The stock has a 50-day moving average price of GBX 426.24 and a 200 day moving average price of GBX 431.42. The stock’s market cap is GBX 3.10 billion.

Related posts

Leave a Comment