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

Shares of SEGRO Plc (LON:SGRO) have earned an average recommendation of “Moderate Buy” from the eight brokerages that are currently covering the stock, Marketbeat reports. Two analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is GBX 881.14.

SGRO has been the subject of several research analyst reports. Jefferies Financial Group reissued a “buy” rating and set a GBX 855 target price on shares of SEGRO in a research note on Wednesday. JPMorgan Chase & Co. upped their price objective on SEGRO from GBX 885 to GBX 915 and gave the company an “overweight” rating in a research note on Wednesday, March 4th. Deutsche Bank Aktiengesellschaft upped their target price on SEGRO from GBX 800 to GBX 850 and gave the company a “hold” rating in a report on Friday, March 20th. The Goldman Sachs Group reduced their target price on SEGRO from GBX 890 to GBX 800 and set a “neutral” rating on the stock in a report on Monday, March 30th. Finally, Berenberg Bank restated a “buy” rating and set a GBX 915 price target on shares of SEGRO in a report on Friday, April 17th.

SEGRO Trading Up 0.1%

SGRO opened at GBX 880.60 on Friday. SEGRO has a twelve month low of GBX 603 and a twelve month high of GBX 893.60. The company has a 50-day simple moving average of GBX 722.11 and a 200 day simple moving average of GBX 729.31. The company has a quick ratio of 0.62, a current ratio of 0.56 and a debt-to-equity ratio of 41.02. The stock has a market capitalization of £11.91 billion, a price-to-earnings ratio of 21.64, a P/E/G ratio of 2.12 and a beta of 1.14.

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.