SEGRO Plc (LON:SGRO) Given Average Rating of “Moderate Buy” by Analysts

Shares of SEGRO Plc (LON:SGRO) have earned an average rating of “Moderate Buy” from the eight brokerages that are currently covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is GBX 2,229.57.

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

SEGRO Trading Down 1.6%

SEGRO stock opened at GBX 886.80 on Tuesday. The company has a 50 day moving average price of GBX 779.12 and a 200 day moving average price of GBX 750.50. SEGRO has a 52 week low of GBX 603 and a 52 week high of GBX 902.48. The company has a debt-to-equity ratio of 41.02, a quick ratio of 0.62 and a current ratio of 0.56. The firm has a market capitalization of £12.00 billion, a price-to-earnings ratio of 21.79, a P/E/G ratio of 2.12 and a beta of 1.14.

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.