SEGRO plc -.8% potential downside indicated by RBC Capital Markets

SEGRO plc with ticker (LON:SGRO) now has a potential downside of -.8% according to RBC Capital Markets.



RBC Capital Markets set a target price of 1,325 GBX for the company, which when compared to the SEGRO plc share price of 1,335 GBX at opening today (13/04/2022) indicates a potential downside of -.8%. Trading has ranged between 964 (52 week low) and 1,508 (52 week high) with an average of 3,857,941 shares exchanging hands daily. The market capitalisation at the time of writing is £16,016,700,600.

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, National Logistics, Northern Europe, Southern Europe and Central Europe. 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 Italy, Spain, the Netherlands and the Czech Republic. Its properties are used by various sectors, including retail, transport and logistics, food and general manufacturing, post and parcel delivery, wholesale and retail distribution, technology, media and telecoms, and services and utilities.