SEGRO plc 1.2% potential upside indicated by Jefferies

SEGRO plc with ticker (LON:SGRO) now has a potential upside of 1.2% according to Jefferies.

SGRO.L

Jefferies set a target price of 950 GBX for the company, which when compared to the SEGRO plc share price of 939 GBX at opening today (16/07/2024) indicates a potential upside of 1.2%. Trading has ranged between 675 (52 week low) and 949 (52 week high) with an average of 2,239,482 shares exchanging hands daily. The market capitalisation at the time of writing is £12,747,411,011.

SEGRO plc is a United Kingdom-based real estate investment trust (REIT). It is an owner, asset manager and developer of warehousing and industrial property. Its segments include Greater London, Thames Valley, National Logistics, Northern Europe, Southern Europe, and Central Europe. It owns or manages 10.4 million square meters of space (112 million square feet), serving customers from a range of industry sectors. The Company’s portfolio includes warehouses and light industrial buildings, including data centers. These are concentrated in the United Kingdom, France, Germany, and Italy. The remainder of the portfolio is located in other European countries, including Poland, Spain, the Netherlands, and the Czech Republic. Its warehouses are used by a diverse customer base, spanning a range of industries, such as transport and logistics; retail (physical, online and hybrid); food and general manufacturing; post and parcel delivery; wholesale distribution, services and utilities, and other.