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

SEGRO Plc (LON:SGRO - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the seven ratings firms that are covering the company, MarketBeat reports. Three research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month price objective among brokerages that have covered the stock in the last year is GBX 986.50 ($12.52).

A number of equities analysts recently issued reports on SGRO shares. Barclays reissued an "overweight" rating and issued a GBX 1,050 ($13.33) price target on shares of SEGRO in a research note on Monday, September 9th. UBS Group cut SEGRO to a "neutral" rating and lowered their target price for the company from GBX 1,045 ($13.26) to GBX 985 ($12.50) in a research note on Tuesday, August 20th. JPMorgan Chase & Co. restated an "overweight" rating and set a GBX 1,050 ($13.33) price target on shares of SEGRO in a research report on Tuesday, September 24th. Finally, Shore Capital reiterated a "buy" rating on shares of SEGRO in a report on Thursday, September 26th.

SEGRO Trading Down 0.1 %

LON:SGRO traded down GBX 0.40 ($0.01) during trading hours on Friday, hitting GBX 780 ($9.90). The company had a trading volume of 2,764,095 shares, compared to its average volume of 3,808,917. The company has a debt-to-equity ratio of 42.10, a current ratio of 1.30 and a quick ratio of 0.62. SEGRO has a 52 week low of GBX 739 ($9.38) and a 52 week high of GBX 949 ($12.05). The company has a market capitalization of £10.53 billion, a PE ratio of -3,716.19, a price-to-earnings-growth ratio of 2.12 and a beta of 0.79. The stock has a 50-day moving average price of GBX 820.97 and a 200 day moving average price of GBX 873.56.

About SEGRO

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.