SEGRO (SGRO.L) 21-11-19
Will shares in SEGRO (SGRO.L) continue to push upwards, reaching new highs?
- Now trading at 864.2p (at time of writing), the share price momentum has been very strong.
- Will it come to an end, or is this trend your friend?
- Could this be the ideal opportunity for momentum traders?
- Shares -0% from 12-month highs; +47% from 12 month lows.
19 Nov: UBS has downgraded its rating on Segro (SGRO) to neutral (from buy) and increased the target price to 850p (from 820p).
16 Oct: Segro, the property investor and developer, announced that it had entered into new rent contracts to the value of £15.3m in Q3, up from £12.6m year-on-year.
23 Sep: Doug Webb, Director, bought 227 shares in the firm on the 23rd September 2019 at a price of 748.80p. This Director currently has 27,191 shares.
27 Aug: Peel Hunt reiterates its hold rating on Segro (SGRO) and reduced the target price to 700p (from 735p).
22 Aug: Barclays Capital reiterates its overweight rating on Segro (SGRO) and increased the target price to 855p (from 755p).
12 Aug: UBS reiterates its buy rating on Segro (SGRO) and increased the target price to 820p (from 750p).
30 Jul: Liberum Capital reiterates its buy rating on Segro (SGRO) and increased the target price to 850p (from 750p).
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires