SEGRO Plc (LON:SGRO) Receives GBX 859 Average Target Price from Brokerages

SEGRO Plc (LON:SGRO) has been given an average recommendation of “Moderate Buy” by the eight research firms that are presently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is GBX 859.

SGRO has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. boosted their price objective on SEGRO from GBX 885 to GBX 915 and gave the company an “overweight” rating in a report on Wednesday, March 4th. Berenberg Bank restated a “buy” rating and set a GBX 915 price objective on shares of SEGRO in a report on Friday, April 17th. Deutsche Bank Aktiengesellschaft boosted their price objective on SEGRO from GBX 800 to GBX 850 and gave the company a “hold” rating in a report on Friday, March 20th. Finally, The Goldman Sachs Group dropped their price objective on SEGRO from GBX 890 to GBX 800 and set a “neutral” rating for the company in a report on Monday, March 30th.

SEGRO Price Performance

SGRO opened at GBX 700.80 on Thursday. The business has a fifty day moving average of GBX 713.71 and a 200 day moving average of GBX 725.28. SEGRO has a 52-week low of GBX 603 and a 52-week high of GBX 844.60. The company has a quick ratio of 0.62, a current ratio of 0.56 and a debt-to-equity ratio of 41.02. The stock has a market cap of £9.48 billion, a P/E ratio of 17.22, a PEG ratio of 2.12 and a beta of 1.13.

SEGRO (LON:SGRO) last posted its quarterly earnings data on Monday, February 23rd. The real estate investment trust reported GBX 36.60 earnings per share (EPS) for the quarter. SEGRO had a return on equity of 3.51% and a net margin of 77.66%. As a group, sell-side analysts anticipate that SEGRO will post 37.4077408 EPS for the current year.

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.