SEGRO (LON:SGRO) Earns “Hold” Rating from Jefferies Financial Group

SEGRO (LON:SGRO – Get Free Report)‘s stock had its “hold” rating reissued by investment analysts at Jefferies Financial Group in a note issued to investors on Wednesday, Digital Look reports. They presently have a GBX 1,000 price objective on the real estate investment trust’s stock. Jefferies Financial Group‘s target price indicates a potential upside of 9.99% from the stock’s previous close.

A number of other research analysts also recently commented on SGRO. Peel Hunt reaffirmed a “hold” rating and set a GBX 915 target price on shares of SEGRO in a report on Tuesday, August 4th. Citigroup restated a “buy” rating and set a £104.30 price target on shares of SEGRO in a research report on Friday, June 26th. Finally, Berenberg Bank lifted their price objective on shares of SEGRO to GBX 991 and gave the company a “buy” rating in a research report on Tuesday, August 18th. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, SEGRO currently has an average rating of “Hold” and a consensus target price of GBX 2,271.57.

Check Out Our Latest Research Report on SEGRO

SEGRO Price Performance

Shares of LON:SGRO traded up GBX 6 on Wednesday, hitting GBX 909.20. The company had a trading volume of 1,664,100 shares, compared to its average volume of 31,006,668. SEGRO has a 52-week low of GBX 632.20 and a 52-week high of GBX 997.40. The company has a market cap of £12.30 billion, a PE ratio of 41.33, a PEG ratio of 2.12 and a beta of 1.14. The business has a 50 day moving average of GBX 937.67 and a 200 day moving average of GBX 816.40. The company has a current ratio of 0.59, a quick ratio of 0.62 and a debt-to-equity ratio of 43.75.

SEGRO (LON:SGRO – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported GBX 19.30 EPS for the quarter. SEGRO had a net margin of 40.00% and a return on equity of 2.46%. As a group, equities analysts anticipate that SEGRO will post 37.41 earnings per share for the current fiscal year.

SEGRO Company Profile

(Get Free Report)

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.

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