SEGRO (LON:SGRO) Receives “Hold” Rating from Peel Hunt

SEGRO (LON:SGRO)‘s stock had its “hold” rating reiterated by analysts at Peel Hunt in a research note issued on Tuesday,Digital Look reports. They currently have a GBX 915 price objective on the real estate investment trust’s stock. Peel Hunt’s price target would indicate a potential downside of 5.49% from the stock’s previous close.

Other equities research analysts also recently issued reports about the company. Berenberg Bank restated a “buy” rating and set a GBX 995 price objective on shares of SEGRO in a report on Thursday, July 30th. Jefferies Financial Group raised their price target on shares of SEGRO from GBX 917 to GBX 1,000 and gave the stock a “hold” rating in a research report on Friday. Finally, Citigroup restated a “buy” rating and issued a £104.30 price target on shares of SEGRO in a research note on Friday, June 26th. Five equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, SEGRO has an average rating of “Moderate Buy” and a consensus price target of GBX 2,085.62.

SEGRO Price Performance

LON:SGRO opened at GBX 968.20 on Tuesday. The firm has a 50-day moving average of GBX 830.25 and a two-hundred day moving average of GBX 766.50. The stock has a market cap of £13.10 billion, a P/E ratio of 23.79, a PEG ratio of 2.12 and a beta of 1.14. SEGRO has a 1-year low of GBX 603 and a 1-year high of GBX 997.40.

SEGRO (LON:SGRO) last announced its earnings results on Thursday, July 30th. The real estate investment trust reported GBX 19.30 earnings per share (EPS) for the quarter. SEGRO had a return on equity of 2.46% and a net margin of 40.00%. As a group, equities analysts expect that SEGRO will post 37.4077408 earnings per share 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.