SEGRO (SGRO.L) 21-10-19
SEGRO (SGRO.L) has been in a strong uptrend. Will it continue to set new recent highs?
- Priced at 828.27p (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 -0% from 12-month highs; +41% from 12 month lows.
Latest News
16 Oct: Segro, the property investor and developer, stated that it signed new rent contracts worth £15.3m in Q3, a rise 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).
26 Jul: RBC Capital Markets reiterates its sector performer rating on Segro (SGRO) and increased the target price to 750p (from 725p).
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires