SEGRO (SGRO.L) 09-04-20
SEGRO (SGRO.L) has been in a strong uptrend. Will it continue to set new recent highs?
- Priced at 801.8p (at time of writing), momentum has been strong.
- Will it come to an end, or is the trend your friend?
- Could this be an opportunity for momentum traders?
- Technical traders should be mindful of new developments, which can have an affect on trends.
- Shares -14% from 12-month highs; +21% from 12 month lows.
Latest News
02 Apr: Jefferies International has upgraded its rating on Segro (SGRO) to buy (from hold) and reduced the target price to 878p (from 978p).
11 Mar: Morgan Stanley reiterates its overweight rating on Segro (SGRO) and increased the target price to 950p (from 870p).
21 Feb: UBS reiterates its neutral rating on Segro (SGRO) and increased the target price to 900p (from 850p).
20 Feb: Barclays Capital reiterates its overweight rating on Segro (SGRO) and increased the target price to 980p (from 855p).
17 Feb: Deutsche Bank has downgraded its rating on Segro (SGRO) to hold (from buy) and reduced the target price to 810p (from 830p).
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires