Peel Hunt Reconfirmed Segro (LON:SGRO)’s Add Rating; Fitbit Class A (FIT) Shorts Decreased By 2.43%

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Fitbit Inc Class A (NYSE:FIT) had a decrease of 2.43% in short interest. FIT’s SI was 31.05M shares in April as released by FINRA. Its down 2.43% from 31.82 million shares previously. With 3.73M avg volume, 8 days are for Fitbit Inc Class A (NYSE:FIT)’s short sellers to cover FIT’s short positions. The SI to Fitbit Inc Class A’s float is 16.26%. The stock decreased 0.94% or $0.05 during the last trading session, reaching $5.27. About 3.35 million shares traded. Fitbit, Inc. (NYSE:FIT) has declined 14.24% since April 18, 2017 and is downtrending. It has underperformed by 25.79% the S&P500.

Peel Hunt reiterated their Add rating on shares of Segro (LON:SGRO) in an analyst note published on Wednesday, 18 April.

SEGRO plc, a real estate investment trust, engages in the acquisition, development, and management of commercial properties in Europe. The company has market cap of 6.31 billion GBP. The firm also provides utility services and services associated with such activities. It has a 6.43 P/E ratio. It also owns and manages flexible business space for various facilities in the areas of logistics, warehousing, other industrial facilities, offices, and retail.

Among 20 analysts covering Segro (LON:SGRO), 12 have Buy rating, 3 Sell and 5 Hold. Therefore 60% are positive. Segro has GBX 720 highest and GBX 380 lowest target. GBX 549.55’s average target is -12.71% below currents GBX 629.6 stock price. Segro had 179 analyst reports since July 22, 2015 according to SRatingsIntel. The company was maintained on Monday, February 19 by JP Morgan. The firm has “Add” rating by Numis Securities given on Thursday, October 19. The firm has “Buy” rating by Canaccord Genuity given on Friday, February 19. Morgan Stanley maintained it with “Equal-Weight” rating and GBX 480 target in Thursday, August 27 report. The rating was maintained by Citigroup with “Buy” on Friday, April 21. Kempen & Co upgraded the stock to “Neutral” rating in Tuesday, September 15 report. Jefferies maintained it with “Hold” rating and GBX 409 target in Monday, September 21 report. The firm has “Buy” rating by Investec given on Thursday, October 22. Liberum Capital maintained the shares of SGRO in report on Wednesday, November 1 with “Hold” rating. The stock has “Buy” rating by Investec on Friday, February 19.

The stock increased 0.58% or GBX 3.6 during the last trading session, reaching GBX 629.6. About 443,080 shares traded. SEGRO Plc (LON:SGRO) has 0.00% since April 18, 2017 and is . It has underperformed by 11.55% the S&P500.

Fitbit, Inc. designs and sells connected health and fitness tracking devices. The company has market cap of $1.27 billion. The firm offers Fitbit Zip, an entry-level wireless activity tracker that allows users to track daily activity statistics, such as steps, distance, calories burned, and active minutes; Fitbit One, a clippable wireless tracker, which tracks floors climbed and sleep, as well as daily steps, distance, calories burned, and active minutes; and Fitbit Flex 2, a water-resistant fitness wristband that tracks pool swims comprising laps, duration, and calories burned in the Fitbit App. It currently has negative earnings. It also provides Fitbit Alta, a customizable wristband that offers call, text, and calendar notifications when paired with the userÂ’s phone and SmartTrack automatic exercise recognition; Fitbit Charge 2, a wireless heart rate and activity wristband; Fitbit Blaze, a smart fitness watch that provides multi-sport functionality, tracks outdoor cycling activity, and run cues; and Fitbit Surge, a fitness watch that features a GPS watch, heart rate tracker, activity tracker, and smartwatch.

Among 29 analysts covering Fitbit (NYSE:FIT), 5 have Buy rating, 4 Sell and 20 Hold. Therefore 17% are positive. Fitbit has $79 highest and $4 lowest target. $16.36’s average target is 210.44% above currents $5.27 stock price. Fitbit had 91 analyst reports since August 6, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with “Outperform” rating in Wednesday, January 6 report. The firm earned “Outperform” rating on Thursday, August 6 by RBC Capital Markets. The firm earned “Outperform” rating on Thursday, January 7 by Leerink Swann. The firm earned “Market Perform” rating on Thursday, November 3 by Cowen & Co. The stock has “Hold” rating by Cowen & Co on Monday, October 23. The firm earned “Neutral” rating on Wednesday, April 5 by Longbow. As per Thursday, November 3, the company rating was downgraded by Piper Jaffray. Pacific Crest downgraded Fitbit, Inc. (NYSE:FIT) on Thursday, September 29 to “Underweight” rating. The company was maintained on Thursday, August 3 by Deutsche Bank. Pacific Crest downgraded the stock to “Sector Weight” rating in Tuesday, February 23 report.

Fitbit, Inc. (NYSE:FIT) Ratings Chart