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

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

Several analysts have weighed in on the company. Citigroup reaffirmed a “buy” rating and set a £104.30 price objective on shares of SEGRO in a research report on Friday, June 26th. Jefferies Financial Group increased their target price on SEGRO from GBX 917 to GBX 1,000 and gave the stock a “hold” rating in a research report on Friday, July 31st. Berenberg Bank raised their target price on SEGRO to GBX 991 and gave the company a “buy” rating in a research note on Tuesday, August 18th. Finally, Peel Hunt restated a “hold” rating and set a GBX 915 price target on shares of SEGRO in a research report on Tuesday, August 4th.

SEGRO Trading Down 0.1%

Shares of SGRO opened at GBX 945.40 on Wednesday. The firm’s 50-day moving average price is GBX 934.09 and its 200-day moving average price is GBX 802.70. The firm has a market capitalization of £12.79 billion, a price-to-earnings ratio of 23.23, a PEG ratio of 2.12 and a beta of 1.14. 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 has a 1-year low of GBX 608 and a 1-year high of GBX 997.40.

SEGRO (LON:SGRO) last announced its quarterly 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 net margin of 40.00% and a return on equity of 2.46%. Sell-side analysts anticipate 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.