SEGRO Plc (LON:SGRO) Receives GBX 986.50 Consensus Price Target from Analysts

SEGRO Plc (LON:SGRO) has been given a consensus recommendation of “Moderate Buy” by the seven ratings firms that are covering the company, MarketBeat.com reports. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is GBX 986.50 ($12.38).

Several brokerages recently commented on SGRO. Barclays reiterated an “overweight” rating and issued a GBX 1,050 ($13.17) price objective on shares of SEGRO in a research note on Monday, September 9th. JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 1,050 ($13.17) price target on shares of SEGRO in a research report on Tuesday, September 24th. Finally, Shore Capital restated a “buy” rating on shares of SEGRO in a report on Thursday, September 26th.

SEGRO Price Performance

Shares of LON:SGRO opened at GBX 694.75 ($8.72) on Tuesday. SEGRO has a 52 week low of GBX 679.20 ($8.52) and a 52 week high of GBX 949 ($11.91). The company has a 50-day moving average price of GBX 762.56 and a 200 day moving average price of GBX 847.90. The company has a market cap of £9.38 billion, a P/E ratio of -3,308.32, a PEG ratio of 2.12 and a beta of 0.79. The company has a quick ratio of 0.62, a current ratio of 1.30 and a debt-to-equity ratio of 42.10.

Insider Transactions at SEGRO

In other SEGRO news, insider Marcus Sperber acquired 7,240 shares of the stock in a transaction dated Friday, December 20th. The stock was acquired at an average price of GBX 691 ($8.67) per share, with a total value of £50,028.40 ($62,770.89). Insiders own 0.33% of the company’s stock.

About SEGRO

SEGRO is a UK Real Estate Investment Trust (REIT), and a leading owner, asset manager and developer of modern warehousing and industrial property.