SEGRO Plc (LON:SGRO) Receives Consensus Rating of “Moderate Buy” from Analysts

SEGRO Plc (LON:SGRO) has received a consensus rating of “Moderate Buy” from the nine research firms that are presently covering the company, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is GBX 2,085.62.

A number of analysts have recently commented on SGRO shares. Peel Hunt restated a “hold” rating and issued a GBX 915 price objective on shares of SEGRO in a research report on Tuesday, August 4th. Berenberg Bank reiterated a “buy” rating and set a GBX 995 target price on shares of SEGRO in a research report on Thursday, July 30th. Citigroup reiterated a “buy” rating and set a £104.30 target price on shares of SEGRO in a research report on Friday, June 26th. Finally, Jefferies Financial Group lifted their price target on shares of SEGRO from GBX 917 to GBX 1,000 and gave the company a “hold” rating in a research note on Friday, July 31st.

SEGRO Stock Down 0.7%

Shares of SEGRO stock opened at GBX 960.80 on Friday. SEGRO has a twelve month low of GBX 603 and a twelve month high of GBX 997.40. The business has a 50-day moving average price of GBX 873.63 and a 200 day moving average price of GBX 780.43. The firm has a market cap of £13.00 billion, a PE ratio of 23.61, a P/E/G ratio of 2.12 and a beta of 1.14.

SEGRO (LON:SGRO) last released its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported GBX 19.30 earnings per share for the quarter. SEGRO had a return on equity of 2.46% and a net margin of 40.00%. On average, sell-side analysts expect that SEGRO will post 37.4077408 EPS for the current year.

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.