02-05-2025
Kepler Capital Sticks to Its Buy Rating for Segro plc (REIT) (SGRO)
In a report released on April 30, Frederic Renard from Kepler Capital maintained a Buy rating on Segro plc (REIT) (SGRO – Research Report), with a price target of p810.00. The company's shares closed yesterday at p688.60.
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According to TipRanks, Renard is ranked #6463 out of 9371 analysts.
Currently, the analyst consensus on Segro plc (REIT) is a Moderate Buy with an average price target of p823.73.
Based on Segro plc (REIT)'s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of p327 million and a net profit of p220 million. In comparison, last year the company earned a revenue of p342 million and had a GAAP net loss of p23 million
Based on the recent corporate insider activity of 18 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SGRO in relation to earlier this year.
