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

Shares of SEGRO Plc (LON:SGRO) have been assigned an average rating of “Moderate Buy” from the nine brokerages that are covering the company, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is GBX 2,085.12.

SGRO has been the topic of several analyst reports. Jefferies Financial Group lifted their price target on SEGRO from GBX 917 to GBX 1,000 and gave the stock a “hold” rating in a report on Friday, July 31st. Citigroup restated a “buy” rating and set a £104.30 price objective on shares of SEGRO in a research report on Friday, June 26th. Berenberg Bank lifted their target price on shares of SEGRO to GBX 991 and gave the stock a “buy” rating in a research note on Tuesday, August 18th. Finally, Peel Hunt reiterated a “hold” rating and issued a GBX 915 target price on shares of SEGRO in a report on Tuesday, August 4th.

SEGRO Price Performance

SGRO stock opened at GBX 934.20 on Wednesday. SEGRO has a 1 year low of GBX 628 and a 1 year high of GBX 997.40. The company has a debt-to-equity ratio of 43.75, a current ratio of 0.59 and a quick ratio of 0.62. The firm has a market capitalization of £12.64 billion, a PE ratio of 22.95, a price-to-earnings-growth ratio of 2.12 and a beta of 1.14. The business has a 50 day simple moving average of GBX 939.52 and a 200-day simple moving average of GBX 807.01.

SEGRO (LON:SGRO) last announced its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported GBX 19.30 EPS for the quarter. SEGRO had a return on equity of 2.46% and a net margin of 40.00%. Equities research analysts anticipate that SEGRO will post 37.4077408 earnings per share for the current fiscal 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.