SEGRO Plc (LON:SGRO) Receives Average Recommendation of “Moderate Buy” from Analysts

SEGRO Plc (LON:SGRO) has been given a consensus recommendation of “Moderate Buy” by the eight analysts that are covering the firm, MarketBeat reports. Three research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is GBX 2,229.57.

A number of analysts recently issued reports on the company. Berenberg Bank reissued a “buy” rating and set a GBX 915 price objective on shares of SEGRO in a research report on Friday, April 17th. Citigroup reaffirmed a “buy” rating and issued a £104.30 target price on shares of SEGRO in a research report on Friday, June 26th. Jefferies Financial Group raised their price target on SEGRO from GBX 855 to GBX 917 and gave the stock a “hold” rating in a research note on Thursday, July 9th. Finally, The Goldman Sachs Group reduced their price target on SEGRO from GBX 890 to GBX 800 and set a “neutral” rating for the company in a report on Monday, March 30th.

SEGRO Trading Down 1.6%

SEGRO stock opened at GBX 886.80 on Tuesday. SEGRO has a 12 month low of GBX 603 and a 12 month high of GBX 902.48. The company has a quick ratio of 0.62, a current ratio of 0.56 and a debt-to-equity ratio of 41.02. The stock has a market cap of £12.00 billion, a P/E ratio of 21.79, a P/E/G ratio of 2.12 and a beta of 1.14. The company’s fifty day simple moving average is GBX 779.12 and its 200-day simple moving average is GBX 750.50.

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.