SEGRO Plc (LON:SGRO - Get Free Report) hit a new 52-week low during trading on Wednesday . The company traded as low as GBX 759 ($9.77) and last traded at GBX 759 ($9.77), with a volume of 16660998 shares changing hands. The stock had previously closed at GBX 776.80 ($10.00).
Wall Street Analyst Weigh In
A number of analysts have commented on the stock. JPMorgan Chase & Co. reiterated an "overweight" rating and issued a GBX 1,050 ($13.51) price objective on shares of SEGRO in a report on Tuesday, September 24th. UBS Group downgraded SEGRO to a "neutral" rating and dropped their target price for the company from GBX 1,045 ($13.45) to GBX 985 ($12.68) in a research report on Tuesday, August 20th. Jefferies Financial Group reduced their price target on SEGRO from GBX 950 ($12.22) to GBX 930 ($11.97) and set a "hold" rating on the stock in a research report on Monday, July 29th. Shore Capital restated a "buy" rating on shares of SEGRO in a research note on Thursday, September 26th. Finally, Barclays reaffirmed an "overweight" rating and issued a GBX 1,050 ($13.51) target price on shares of SEGRO in a research report on Monday, September 9th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of GBX 986.50 ($12.69).
View Our Latest Stock Report on SEGRO
SEGRO Price Performance
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 stock has a fifty day simple moving average of GBX 843.32 and a two-hundred day simple moving average of GBX 879.60. The company has a market cap of £10.19 billion, a PE ratio of -3,607.62, a price-to-earnings-growth ratio of 2.12 and a beta of 0.79.
SEGRO Company Profile
(
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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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