SEGRO (SEGXF) Projected to Post Quarterly Earnings on Thursday

SEGRO (OTCMKTS:SEGXFGet Free Report) is projected to release its resultson Thursday, July 30th. Analysts expect the company to post earnings of $0.2527 per share and revenue of $503.3980 million for the quarter.

SEGRO Stock Performance

SEGRO stock opened at $12.77 on Wednesday. The company’s 50 day simple moving average is $10.85 and its 200 day simple moving average is $10.22. SEGRO has a fifty-two week low of $8.18 and a fifty-two week high of $13.21. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.50 and a quick ratio of 0.50.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on SEGXF shares. Jefferies Financial Group downgraded shares of SEGRO from a “buy” rating to a “hold” rating in a research note on Thursday, July 9th. BNP Paribas Exane started coverage on shares of SEGRO in a report on Wednesday, July 1st. They issued a “neutral” rating for the company. The Goldman Sachs Group raised shares of SEGRO from a “buy” rating to a “buy” rating in a report on Monday, June 1st. Finally, Kepler Capital Markets upgraded shares of SEGRO from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 17th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold”.

Check Out Our Latest Analysis on SEGRO

SEGRO Company Profile

(Get Free Report)

SEGRO PLC (OTCMKTS:SEGXF) is a leading real estate investment trust specializing in the ownership, development and management of modern warehousing, light industrial and urban logistics properties. As a FTSE 100 company, SEGRO’s portfolio encompasses a broad range of distribution centres, last-mile facilities and multi-let industrial estates designed to support high-growth sectors such as e-commerce, retail and manufacturing.

The company traces its origins to the Slough Trading Company, established in 1920, and underwent a major rebranding in 2009 to become SEGRO, reflecting its pan-European ambitions.

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