SEGRO Plc (LON:SGRO) Receives GBX 897 Average Target Price from Analysts

Shares of SEGRO Plc (LON:SGRO) have been assigned an average rating of “Buy” from the six research firms that are covering the firm, MarketBeat reports. Six equities research analysts have rated the stock with a buy recommendation. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is GBX 897.

Separately, Berenberg Bank lifted their target price on shares of SEGRO from GBX 1,056 to GBX 1,067 and gave the company a “buy” rating in a report on Monday, January 26th.

SEGRO Trading Up 0.8%

LON SGRO opened at GBX 826.60 on Friday. The company has a debt-to-equity ratio of 42.10, a current ratio of 1.30 and a quick ratio of 0.62. The stock has a market capitalization of £11.18 billion, a P/E ratio of 17.97, a PEG ratio of 2.12 and a beta of 0.79. The firm’s 50-day moving average is GBX 749.05 and its two-hundred day moving average is GBX 698.29. SEGRO has a 12 month low of GBX 586.85 and a 12 month high of GBX 828.

SEGRO (LON:SGRO) last announced its quarterly earnings results on Monday, February 23rd. The real estate investment trust reported GBX 36.60 earnings per share for the quarter. SEGRO had a negative net margin of 1.36% and a negative return on equity of 0.09%. On average, sell-side analysts anticipate that SEGRO will post 37.4077408 earnings per share for the current year.

About SEGRO

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.