SEGRO Plc (LON:SGRO) Insider Acquires £50,028.40 in Stock

SEGRO Plc (LON:SGRO) insider Marcus Sperber acquired 7,240 shares of SEGRO stock in a transaction dated Friday, December 20th. The stock was bought at an average price of GBX 691 ($8.68) per share, for a total transaction of £50,028.40 ($62,873.44).

SEGRO Stock Performance

LON:SGRO opened at GBX 687.99 ($8.65) on Friday. The company has a market cap of £9.29 billion, a P/E ratio of -3,276.14, a P/E/G ratio of 2.12 and a beta of 0.79. The firm’s 50 day moving average is GBX 779.88 and its two-hundred day moving average is GBX 856.82. SEGRO Plc has a fifty-two week low of GBX 679.20 ($8.54) and a fifty-two week high of GBX 949 ($11.93). The company has a quick ratio of 0.62, a current ratio of 1.30 and a debt-to-equity ratio of 42.10.

Wall Street Analyst Weigh In

SGRO has been the subject of several analyst reports. Shore Capital restated a “buy” rating on shares of SEGRO in a report on Thursday, September 26th. Barclays restated an “overweight” rating and set a GBX 1,050 ($13.20) target price on shares of SEGRO in a research report on Monday, September 9th. Finally, JPMorgan Chase & Co. reiterated an “overweight” rating and issued a GBX 1,050 ($13.20) price target on shares of SEGRO in a report on Tuesday, September 24th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 986.50 ($12.40).

SEGRO Company Profile

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