SEGRO Plc (LON:SGRO) Receives GBX 986.50 Average PT from Brokerages

SEGRO Plc (LON:SGRO) has been given a consensus recommendation of “Moderate Buy” by the seven analysts that are currently covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is GBX 986.50 ($12.53).

SGRO has been the subject of several analyst reports. Shore Capital reaffirmed a “buy” rating on shares of SEGRO in a report on Thursday, September 26th. UBS Group cut shares of SEGRO to a “neutral” rating and decreased their target price for the stock from GBX 1,045 ($13.27) to GBX 985 ($12.51) in a report on Tuesday, August 20th. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 1,050 ($13.34) price target on shares of SEGRO in a report on Tuesday, September 24th. Finally, Barclays restated an “overweight” rating and issued a GBX 1,050 ($13.34) price target on shares of SEGRO in a research report on Monday, September 9th.

SEGRO Price Performance

LON SGRO opened at GBX 780 ($9.91) on Friday. The stock has a market capitalization of £10.53 billion, a P/E ratio of -3,714.29, a P/E/G ratio of 2.12 and a beta of 0.79. The company has a debt-to-equity ratio of 42.10, a quick ratio of 0.62 and a current ratio of 1.30. The business’s fifty day moving average is GBX 818.37 and its two-hundred day moving average is GBX 872.90. SEGRO has a 1 year low of GBX 739 ($9.39) and a 1 year high of GBX 949 ($12.05).

SEGRO Company Profile

SEGRO is a UK Real Estate Investment Trust (REIT), listed on the London Stock Exchange and Euronext Paris, and is a leading owner, manager and developer of modern warehouses and industrial property. It owns or manages 10.4 million square metres of space (112 million square feet) valued at £20.7 billion serving customers from a wide range of industry sectors.