SEGRO (LON:SGRO) Stock Rating Reaffirmed by Peel Hunt
Peel Hunt restated their hold rating on shares of SEGRO (LON:SGRO) in a research report sent to investors on Monday, ThisIsMoney.Co.Uk reports.
A number of other analysts have also weighed in on SGRO. Deutsche Bank increased their target price on shares of Spirit Airlines from $75.00 to $79.00 and gave the stock a buy rating in a report on Friday, July 12th. Credit Suisse Group set a $43.00 target price on shares of SEA and gave the stock a buy rating in a report on Thursday, July 4th. Barclays increased their target price on shares of Coupa Software from $95.00 to $101.00 and gave the stock an equal weight rating in a report on Tuesday, June 4th. They noted that the move was a valuation call. Royal Bank of Canada increased their target price on shares of from GBX 2,400 ($31.36) to GBX 2,800 ($36.59) and gave the stock an outperform rating in a report on Monday, June 24th. Finally, Goldman Sachs Group upgraded shares of to a buy rating and set a GBX 1,180 ($15.42) target price for the company in a report on Tuesday, June 4th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the company. The stock currently has an average rating of Hold and an average target price of GBX 757 ($9.89).
SEGRO stock opened at GBX 755.40 ($9.87) on Monday. 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 business’s 50-day moving average price is GBX 731.13. The stock has a market capitalization of $8.26 billion and a price-to-earnings ratio of 7.21. SEGRO has a 1-year low of GBX 577.60 ($7.55) and a 1-year high of GBX 763.40 ($9.98).
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.
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