# SEGRO plc 34.9% potential upside indicated by JP Morgan

- Link: https://www.directorstalkinterviews.com/segro-plc-34-9-potential-upside-indicated-by-jp-morgan/4121176220
- Published: 2024-11-04T14:31:27+00:00
- Author: Charlotte Edwards

**[SEGRO plc](https://www.directorstalkinterviews.com/ftse-company/segro-plc/sgro.l)**
with ticker (LON:SGRO) now has a potential upside of 34.9% according to [JP Morgan](https://www.directorstalkinterviews.com/company/news/funds).

SGRO.LJP Morgan set a target price of 1,050 GBX for the company, which when compared
to the SEGRO plc share price of 778 GBX at opening today (04/11/2024) indicates 
a potential upside of 34.9%. Trading has ranged between 753 (52 week low) and 949(
52 week high) with an average of 2,534,285 shares exchanging hands daily. The market
capitalisation at the time of writing is £10,644,286,578.SEGRO plc is a United Kingdom-
based real estate investment trust (REIT). It is the owner, manager and developer
of modern warehouses and industrial property. It owns or manages 10.8 million square
meters of space (116 million square feet) serving customers from a range of industry
sectors. Its properties are located in and around major cities and at key transportation
hubs in the United Kingdom and in seven other European countries. Its segments include
the United Kingdom and Continental Europe (CE). The Company’s portfolio includes
warehouses and light industrial buildings, including data centers. These are concentrated
in the United Kingdom, France and Germany. 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),
and food and general manufacturing.

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