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Brokerages Set SEGRO Plc (LON:SGRO) PT at GBX 986.50

SEGRO logo with Real Estate background

SEGRO Plc (LON:SGRO - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the seven research firms that are covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is GBX 986.50 ($12.79).

Several research analysts have weighed in on the company. UBS Group downgraded SEGRO to a "neutral" rating and cut their price target for the company from GBX 1,045 ($13.55) to GBX 985 ($12.77) in a report on Tuesday, August 20th. Jefferies Financial Group lowered their price objective on shares of SEGRO from GBX 950 ($12.32) to GBX 930 ($12.06) and set a "hold" rating for the company in a research note on Monday, July 29th. JPMorgan Chase & Co. restated an "overweight" rating and set a GBX 1,050 ($13.62) price objective on shares of SEGRO in a report on Tuesday, September 24th. Barclays reissued an "overweight" rating and set a GBX 1,050 ($13.62) price target on shares of SEGRO in a research report on Monday, September 9th. Finally, Shore Capital restated a "buy" rating on shares of SEGRO in a report on Thursday, September 26th.

Check Out Our Latest Analysis on SGRO

SEGRO Price Performance

Shares of SEGRO stock traded up GBX 0.80 ($0.01) during trading on Monday, hitting GBX 785.20 ($10.18). 2,174,631 shares of the company were exchanged, compared to its average volume of 3,850,551. The company has a quick ratio of 0.62, a current ratio of 1.30 and a debt-to-equity ratio of 42.10. SEGRO has a fifty-two week low of GBX 753.40 ($9.77) and a fifty-two week high of GBX 949 ($12.31). The stock has a market capitalization of £10.60 billion, a price-to-earnings ratio of -3,748.57, a P/E/G ratio of 2.12 and a beta of 0.79. The firm has a 50 day moving average price of GBX 857.48 and a 200 day moving average price of GBX 883.12.

About SEGRO

(Get Free Report

SEGRO is a UK Real Estate Investment Trust (REIT), listed on the London Stock Exchange and Euronext Paris, and is a leading owner, manager and developer of modern warehouses and industrial property. It owns or manages 10.4 million square metres of space (112 million square feet) valued at £20.7 billion serving customers from a wide range of industry sectors.

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Analyst Recommendations for SEGRO (LON:SGRO)

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