SEGRO (LON:SGRO)‘s stock had its “hold” rating reiterated by research analysts at Peel Hunt in a research report issued on Wednesday, ThisIsMoney.Co.Uk reports.
SGRO has been the topic of a number of other research reports. Morgan Stanley increased their price target on SEGRO from GBX 760 ($9.93) to GBX 830 ($10.85) and gave the company an “underweight” rating in a research note on Thursday, March 14th. Liberum Capital reissued a “buy” rating on shares of SEGRO in a research note on Wednesday, January 9th. JPMorgan Chase & Co. increased their price target on SEGRO from GBX 670 ($8.75) to GBX 690 ($9.02) and gave the company an “underweight” rating in a research note on Friday, March 1st. Royal Bank of Canada increased their price target on SEGRO from GBX 625 ($8.17) to GBX 650 ($8.49) and gave the company a “sector performer” rating in a research note on Friday, February 22nd. Finally, UBS Group reissued a “buy” rating and issued a GBX 750 ($9.80) price target (up previously from GBX 720 ($9.41)) on shares of SEGRO in a research note on Thursday, March 14th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and eight have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of GBX 716.64 ($9.36).
SGRO stock opened at GBX 670 ($8.75) on Wednesday. The company has a debt-to-equity ratio of 34.18, a quick ratio of 0.63 and a current ratio of 0.85. The firm has a market capitalization of $7.26 billion and a PE ratio of 6.39. SEGRO has a twelve month low of GBX 577.60 ($7.55) and a twelve month high of GBX 691 ($9.03).
SEGRO Company Profile
SEGRO is a UK Real Estate Investment Trust (REIT), and a leading owner, manager and developer of modern warehouses and light industrial property. It owns or manages 7 million square metres of space (75 million square feet) valued at £11 billion serving customers from a wide range of industry sectors.
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