Jefferies Financial Group Reaffirms “Hold” Rating for SEGRO (LON:SGRO)

SEGRO (LON:SGRO)‘s stock had its “hold” rating restated by research analysts at Jefferies Financial Group in a report released on Wednesday, Digital Look reports. They presently have a GBX 1,000 price objective on the real estate investment trust’s stock. Jefferies Financial Group’s target price indicates a potential upside of 10.06% from the stock’s previous close.

Several other equities research analysts also recently weighed in on the stock. Peel Hunt restated a “hold” rating and issued a GBX 915 target price on shares of SEGRO in a research note on Tuesday, August 4th. Berenberg Bank lifted their price target on shares of SEGRO to GBX 991 and gave the stock a “buy” rating in a report on Tuesday, August 18th. Finally, Citigroup reaffirmed a “buy” rating and set a £104.30 price target on shares of SEGRO in a research report on Friday, June 26th. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, SEGRO currently has an average rating of “Hold” and a consensus target price of GBX 2,271.57.

SEGRO Stock Performance

SGRO stock opened at GBX 908.60 on Wednesday. SEGRO has a one year low of GBX 632.20 and a one year high of GBX 997.40. The firm has a market cap of £12.29 billion, a price-to-earnings ratio of 41.30, a PEG ratio of 2.12 and a beta of 1.14. The company has a debt-to-equity ratio of 43.75, a quick ratio of 0.62 and a current ratio of 0.59. The firm has a 50-day simple moving average of GBX 940.65 and a two-hundred day simple moving average of GBX 841.73.

SEGRO (LON:SGRO) last issued its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported GBX 19.30 earnings per share (EPS) for the quarter. SEGRO had a net margin of 40.00% and a return on equity of 2.46%. On average, equities analysts forecast that SEGRO will post 37.41 EPS for the current fiscal year.

About SEGRO

SEGRO is a UK Real Estate Investment Trust (REIT), and a leading owner, asset manager and developer of modern warehousing, industrial property and data centres across the UK and seven other European countries.