SEGRO Plc (LON:SGRO - Get Free Report)'s stock price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 753.17 ($9.56) and last traded at GBX 754.20 ($9.57), with a volume of 6482120 shares. The stock had previously closed at GBX 757 ($9.61).
Analysts Set New Price Targets
Several analysts have weighed in on SGRO shares. UBS Group cut shares of SEGRO to a "neutral" rating and decreased their price objective for the stock from GBX 1,045 ($13.26) to GBX 985 ($12.50) in a research note on Tuesday, August 20th. JPMorgan Chase & Co. reaffirmed an "overweight" rating and set a GBX 1,050 ($13.32) price objective on shares of SEGRO in a research note on Tuesday, September 24th. Shore Capital reaffirmed a "buy" rating on shares of SEGRO in a research note on Thursday, September 26th. Barclays reaffirmed an "overweight" rating and set a GBX 1,050 ($13.32) price objective on shares of SEGRO in a research note on Monday, September 9th. Finally, Jefferies Financial Group decreased their price objective on shares of SEGRO from GBX 950 ($12.06) to GBX 930 ($11.80) and set a "hold" rating on the stock in a research note on Monday, July 29th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, SEGRO currently has an average rating of "Moderate Buy" and a consensus target price of GBX 986.50 ($12.52).
View Our Latest Stock Analysis on SEGRO
SEGRO Stock Performance
The company has a quick ratio of 0.62, a current ratio of 1.30 and a debt-to-equity ratio of 42.10. The company's fifty day simple moving average is GBX 836.40 and its two-hundred day simple moving average is GBX 877.50. The company has a market capitalization of £10.31 billion, a price-to-earnings ratio of -3,601.90, a price-to-earnings-growth ratio of 2.12 and a beta of 0.79.
About SEGRO
(
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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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