SEGRO plc (LON:SGRO) insider Andy Gulliford sold 97,308 shares of the company’s stock in a transaction that occurred on Wednesday, May 22nd. The stock was sold at an average price of GBX 718 ($9.38), for a total value of £698,671.44 ($912,937.99).

SEGRO stock opened at GBX 699.80 ($9.14) on Friday. The company has a current ratio of 0.85, a quick ratio of 0.63 and a debt-to-equity ratio of 34.18. The company has a market capitalization of $7.58 billion and a P/E ratio of 6.68. SEGRO plc has a twelve month low of GBX 577.60 ($7.55) and a twelve month high of GBX 715.20 ($9.35).

Several analysts recently weighed in on the company. Goldman Sachs Group upped their price target on SEGRO from GBX 701 ($9.16) to GBX 800 ($10.45) and gave the stock a “buy” rating in a research note on Tuesday, May 14th. Peel Hunt restated a “hold” rating on shares of SEGRO in a research note on Wednesday, May 8th. Liberum Capital restated a “buy” rating on shares of SEGRO in a research note on Wednesday, April 17th. Deutsche Bank restated a “buy” rating on shares of SEGRO in a research note on Tuesday, March 19th. Finally, Morgan Stanley upped their price target on SEGRO from GBX 760 ($9.93) to GBX 830 ($10.85) and gave the stock an “underweight” rating in a research note on Thursday, March 14th. Two analysts have rated the stock with a sell rating, three have given a hold rating and eight have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of GBX 725.64 ($9.48).

ILLEGAL ACTIVITY NOTICE: This article was first published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this article on another domain, it was illegally stolen and reposted in violation of international copyright laws. The original version of this article can be accessed at https://www.thecerbatgem.com/2019/05/24/andy-gulliford-sells-97308-shares-of-segro-plc-sgro-stock.html.

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.

Featured Story: Hedge Funds

Receive News & Ratings for SEGRO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SEGRO and related companies with MarketBeat.com's FREE daily email newsletter.