SEGRO (LON:SGRO) Stock Rating Reaffirmed by Barclays

SEGRO (LON:SGRO - Get Free Report)'s stock had its "overweight" rating reissued by equities research analysts at Barclays in a research report issued on Monday, Digital Look reports. They currently have a GBX 1,050 ($13.73) price target on the real estate investment trust's stock. Barclays's price objective points to a potential upside of 19.07% from the stock's current price.

A number of other research analysts have also issued reports on SGRO. JPMorgan Chase & Co. boosted their price target on shares of SEGRO from GBX 1,000 ($13.08) to GBX 1,050 ($13.73) and gave the stock an "overweight" rating in a research note on Thursday, August 22nd. UBS Group downgraded shares of SEGRO to a "neutral" rating and decreased their price objective for the stock from GBX 1,045 ($13.67) to GBX 985 ($12.88) in a report on Tuesday, August 20th. Shore Capital reissued a "buy" rating on shares of SEGRO in a report on Wednesday, September 4th. Finally, Jefferies Financial Group decreased their price objective on shares of SEGRO from GBX 950 ($12.42) to GBX 930 ($12.16) and set a "hold" rating on the stock in a report on Monday, July 29th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 986.50 ($12.90).

SEGRO Stock Performance

Shares of SEGRO stock traded up GBX 4.40 ($0.06) on Monday, reaching GBX 881.80 ($11.53). 915,303 shares of the stock were exchanged, compared to its average volume of 4,873,217. SEGRO has a 1-year low of GBX 675 ($8.83) and a 1-year high of GBX 949 ($12.41). The company has a current ratio of 1.30, a quick ratio of 0.62 and a debt-to-equity ratio of 42.10. The business has a fifty day moving average price of GBX 899.91 and a two-hundred day moving average price of GBX 889.01. The firm has a market capitalization of £11.90 billion, a PE ratio of -4,199.05, a PEG ratio of 2.12 and a beta of 0.79.

SEGRO Company Profile

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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