SEGRO’s (SGRO) “Buy” Rating Reiterated at UBS Group

UBS Group reaffirmed their buy rating on shares of SEGRO (LON:SGRO) in a research report released on Tuesday, ThisIsMoney.Co.Uk reports.

A number of other research analysts also recently issued reports on the company. Peel Hunt reiterated a hold rating on shares of SEGRO in a report on Tuesday. Goldman Sachs Group reiterated a buy rating on shares of SEGRO in a report on Thursday, August 8th. Barclays reiterated an overweight rating and set a GBX 855 ($11.17) price objective (up from GBX 755 ($9.87)) on shares of SEGRO in a report on Thursday, August 22nd. Peel Hunt reiterated a hold rating and set a GBX 735 ($9.60) price objective on shares of SEGRO in a report on Wednesday, October 16th. Finally, Deutsche Bank reiterated a buy rating on shares of SEGRO in a report on Thursday, October 17th. Four analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The company has an average rating of Buy and a consensus price target of GBX 797.58 ($10.42).

LON:SGRO opened at GBX 836 ($10.92) on Tuesday. The company has a debt-to-equity ratio of 28.31, a quick ratio of 0.93 and a current ratio of 0.96. The company has a market cap of $9.17 billion and a PE ratio of 9.70. SEGRO has a 52-week low of GBX 577.60 ($7.55) and a 52-week high of GBX 862.88 ($11.28). The stock has a 50-day simple moving average of GBX 817.02 and a 200 day simple moving average of GBX 753.17.

SEGRO Company Profile

SEGRO is a UK Real Estate Investment Trust (REIT), and a leading owner, manager and developer of modern warehouses and light industrial property. It owns or manages 7 million square metres of space (75 million square feet) valued at £11 billion serving customers from a wide range of industry sectors.

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Analyst Recommendations for SEGRO (LON:SGRO)

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