SEGRO Plc (LON:SGRO) Stock Rated “Hold” by Wall Street Analysts

Shares of SEGRO Plc (LON:SGRO) have been given a consensus recommendation of “Hold” by the seven ratings firms that are covering the company, Marketbeat reports. Four analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is GBX 2,271.57.

Several equities analysts have recently commented on SGRO shares. Berenberg Bank raised their price target on SEGRO to GBX 991 and gave the company a “buy” rating in a research note on Tuesday, August 18th. Jefferies Financial Group reissued a “hold” rating and set a GBX 1,000 target price on shares of SEGRO in a research report on Wednesday, October 21st. Finally, Peel Hunt reiterated a “hold” rating and set a GBX 915 price objective on shares of SEGRO in a research note on Tuesday, August 4th.

SEGRO Price Performance

SEGRO stock opened at GBX 924.40 on Thursday. SEGRO has a 12-month low of GBX 632.20 and a 12-month high of GBX 997.40. The company has a current ratio of 0.59, a quick ratio of 0.62 and a debt-to-equity ratio of 43.75. The firm has a 50-day moving average price of GBX 929.66 and a 200-day moving average price of GBX 823.38. The firm has a market capitalization of £12.51 billion, a PE ratio of 42.02, a price-to-earnings-growth ratio of 2.12 and a beta of 1.14.

SEGRO Company Profile

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.