StockMarketWire.com - Barclays Capital has upgraded its recommendation on Segro [LON:SGRO] to 'overweight' from 'equal weight', stating that the property group is on the right side of the structural change taking place in the real estate space.

The bank added: "Segro is the largest and most liquid way to play the logistics investment theme; we believe its good quality, well located portfolio is well positioned to benefit."

Analysts have upped their target price to 520 pence a share (from 450 pence), implying 18 per cent potential upside.



At 2:51pm: [LON:SGRO] Segro share price was +8.15p at 448.15p



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