SEGRO plc 13.4% potential upside indicated by Berenberg Bank

SEGRO plc with ticker (LON:SGRO) now has a potential upside of 13.4% according to Berenberg Bank.



Berenberg Bank set a target price of 1,500 GBX for the company, which when compared to the SEGRO plc share price of 1,300 GBX at opening today (27/10/2021) indicates a potential upside of 13.4%. Trading has ranged between 864 (52 week low) and 1,314 (52 week high) with an average of 2,386,669 shares exchanging hands daily. The market capitalisation at the time of writing is £15,792,154,133.

SEGRO plc is a United Kingdom-based real estate investment trust. The Company owns, develops and manages warehouse properties in the United Kingdom and Continental Europe. Its segments include Greater London, Thames Valley and National Logistics, Northern Europe (principally Germany), Southern Europe (principally France) and Central Europe (principally Poland). The portfolio includes warehouses and light industrial buildings, including warehouses used as data centers and for logistics operations. These are concentrated in the United Kingdom, France, Germany and Poland. The remainder of the portfolio is located across other European countries including Spain, the Netherlands and the Czech Republic. Its properties are used by various sectors, including retail, transport and logistics, post and parcel delivery, services and utilities, retail, and technology, media and telecoms.