SEGRO Plc (LON:SGRO) Given Average Rating of “Moderate Buy” by Brokerages

Shares of SEGRO Plc (LON:SGROGet Free Report) have earned an average rating of “Moderate Buy” from the eight research firms that are presently covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is GBX 2,241.

A number of brokerages have recently issued reports on SGRO. The Goldman Sachs Group lowered their price target on SEGRO from GBX 890 to GBX 800 and set a “neutral” rating on the stock in a research note on Monday, March 30th. Jefferies Financial Group increased their price objective on SEGRO from GBX 855 to GBX 917 and gave the company a “hold” rating in a research note on Thursday, July 9th. Berenberg Bank raised their price objective on SEGRO from GBX 915 to GBX 995 and gave the company a “buy” rating in a report on Wednesday, July 22nd. Finally, Citigroup reaffirmed a “buy” rating and set a £104.30 target price on shares of SEGRO in a research note on Friday, June 26th.

View Our Latest Stock Analysis on SGRO

SEGRO Price Performance

LON:SGRO opened at GBX 981.73 on Tuesday. The stock has a 50 day moving average of GBX 803.62 and a two-hundred day moving average of GBX 758.15. SEGRO has a 12 month low of GBX 603 and a 12 month high of GBX 987.21. The firm has a market cap of £13.28 billion, a P/E ratio of 24.12, a price-to-earnings-growth ratio of 2.12 and a beta of 1.14. The company has a current ratio of 0.56, a quick ratio of 0.62 and a debt-to-equity ratio of 41.02.

SEGRO Company Profile

(Get Free Report)

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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Analyst Recommendations for SEGRO (LON:SGRO)

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