SEGRO’s (SGRO) “Hold” Rating Reiterated at Jefferies Financial Group

SEGRO (LON:SGRO)‘s stock had its “hold” rating reiterated by investment analysts at Jefferies Financial Group in a research note issued on Wednesday, Digital Look reports. They currently have a GBX 1,000 target price on the real estate investment trust’s stock. Jefferies Financial Group’s price target suggests a potential upside of 10.20% from the company’s previous close.

Several other equities research analysts have also recently weighed in on the company. Peel Hunt reissued a “hold” rating and set a GBX 915 price objective on shares of SEGRO in a research note on Tuesday, August 4th. Berenberg Bank raised their price objective on SEGRO to GBX 991 and gave the company a “buy” rating in a research note on Tuesday, August 18th. Finally, Citigroup reiterated a “buy” rating and issued a £104.30 target price on shares of SEGRO in a report on Friday, June 26th. Three analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of GBX 2,271.57.

SEGRO Stock Up 0.7%

Shares of LON SGRO opened at GBX 907.40 on Wednesday. The firm’s 50-day moving average price is GBX 940.65 and its 200-day moving average price is GBX 841.73. 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 stock has a market capitalization of £12.28 billion, a price-to-earnings ratio of 41.25, a P/E/G ratio of 2.12 and a beta of 1.14. SEGRO has a 12-month low of GBX 632.20 and a 12-month high of GBX 997.40.

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