SEGRO plc (LON:SGRO) insider Susan (Sue) Clayton bought 7,000 shares of the firm’s stock in a transaction on Friday, December 13th. The shares were acquired at an average price of GBX 860 ($11.31) per share, for a total transaction of £60,200 ($79,189.69).
Shares of LON SGRO traded up GBX 24.20 ($0.32) during trading hours on Friday, hitting GBX 865.80 ($11.39). 2,503,561 shares of the stock were exchanged, compared to its average volume of 2,670,000. 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 $9.49 billion and a PE ratio of 10.04. The company’s fifty day simple moving average is GBX 856.10 and its two-hundred day simple moving average is GBX 783.12. SEGRO plc has a 1-year low of GBX 577.60 ($7.60) and a 1-year high of GBX 900.60 ($11.85).
Several analysts recently issued reports on the stock. Peel Hunt reiterated a “hold” rating on shares of SEGRO in a research report on Tuesday. Deutsche Bank reiterated a “buy” rating on shares of SEGRO in a research report on Thursday, October 17th. Goldman Sachs Group lowered shares of SEGRO to a “neutral” rating in a research report on Tuesday. Royal Bank of Canada lowered shares of SEGRO to an “underperform” rating and reduced their price target for the stock from GBX 750 ($9.87) to GBX 725 ($9.54) in a research report on Wednesday, December 4th. Finally, Peel Hunt reiterated a “hold” rating and set a GBX 735 ($9.67) price target on shares of SEGRO in a research report on Wednesday, October 16th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the company. SEGRO has an average rating of “Hold” and a consensus target price of GBX 798 ($10.50).
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.
Further Reading: Ex-Dividend
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