SEGRO Plc (LON:SGRO) Receives Average Rating of “Moderate Buy” from Brokerages

SEGRO Plc (LON:SGRO) has been assigned a consensus rating of “Moderate Buy” from the nine brokerages that are covering the firm, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is GBX 2,085.12.

Several research firms recently weighed in on SGRO. Citigroup restated a “buy” rating and issued a £104.30 price target on shares of SEGRO in a research note on Friday, June 26th. Jefferies Financial Group lifted their price objective on SEGRO from GBX 917 to GBX 1,000 and gave the company a “hold” rating in a research note on Friday, July 31st. Peel Hunt reissued a “hold” rating and issued a GBX 915 target price on shares of SEGRO in a report on Tuesday, August 4th. Finally, Berenberg Bank increased their target price on SEGRO to GBX 991 and gave the stock a “buy” rating in a research note on Tuesday, August 18th.

SEGRO Trading Down 0.1%

LON:SGRO opened at GBX 945.40 on Wednesday. SEGRO has a one year low of GBX 608 and a one year high of GBX 997.40. The company has a debt-to-equity ratio of 43.75, a current ratio of 0.59 and a quick ratio of 0.62. The company’s 50-day simple moving average is GBX 934.09 and its 200 day simple moving average is GBX 802.70. The firm has a market capitalization of £12.79 billion, a P/E ratio of 23.23, a PEG ratio of 2.12 and a beta of 1.14.

SEGRO (LON:SGRO) last announced its earnings results on Thursday, July 30th. The real estate investment trust reported GBX 19.30 earnings per share for the quarter. SEGRO had a net margin of 40.00% and a return on equity of 2.46%. As a group, analysts forecast that SEGRO will post 37.4077408 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.