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SEGRO plc 26.3% Potential Upside Indicated by Morgan Stanley

SEGRO plc using EPIC/TICKER code (LON:SGRO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at Morgan Stanley. SEGRO plc are listed in the Financials sector within UK Main Market. Morgan Stanley have set a target price of 720 GBX on its stock. This indicates the analyst now believes there is a potential upside of 26.3% from the opening price of 570 GBX. Over the last 30 and 90 trading days the company share price has increased 15.4 points and increased 6.5 points respectively. The 1 year high stock price is 590.8 GBX while the 52 week low is 444.27 GBX.

SEGRO plc has a 50 day moving average of 581.41 GBX and the 200 Day Moving Average price is recorded at 547.09. There are currently 1,002,926,693 shares in issue with the average daily volume traded being 2,202,858. Market capitalisation for LON:SGRO is £5,921,279,440 GBP.

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