SEGRO (LON:SGRO) Earns “Hold” Rating from Peel Hunt

SEGRO (LON:SGRO – Get Free Report)‘s stock had its “hold” rating restated by equities research analysts at Peel Hunt in a research note issued on Tuesday,Digital Look reports. They presently have a GBX 915 price objective on the real estate investment trust’s stock. Peel Hunt’s target price suggests a potential downside of 5.49% from the company’s current price.

Several other research firms have also weighed in on SGRO. Jefferies Financial Group lifted their target price on shares of SEGRO from GBX 917 to GBX 1,000 and gave the company a “hold” rating in a report on Friday. Citigroup reiterated a “buy” rating and issued a £104.30 price target on shares of SEGRO in a report on Friday, June 26th. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 995 price objective on shares of SEGRO in a research report on Thursday, July 30th. Five analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of GBX 2,085.62.

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SEGRO Price Performance

SEGRO stock opened at GBX 968.20 on Tuesday. SEGRO has a 12 month low of GBX 603 and a 12 month high of GBX 997.40. The company has a market cap of £13.10 billion, a price-to-earnings ratio of 23.79, a price-to-earnings-growth ratio of 2.12 and a beta of 1.14. The stock’s 50-day moving average is GBX 830.25 and its 200-day moving average is GBX 766.50.

SEGRO (LON:SGRO – Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported GBX 19.30 earnings per share (EPS) for the quarter. SEGRO had a net margin of 40.00% and a return on equity of 2.46%. Research analysts anticipate that SEGRO will post 37.4077408 EPS for the current year.

SEGRO Company Profile

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SEGRO is a UK Real Estate Investment Trust (REIT), and a leading owner, asset manager and developer of modern warehousing, industrial property and data centres across the UK and seven other European countries.

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