SEGRO Plc (LON:SGRO) Stock Has Consensus Target Price of GBX 2,085.12 According to Analysts

SEGRO Plc (LON:SGRO – Get Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the nine brokerages that are covering the firm, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is GBX 2,085.12.

A number of research firms have recently issued reports on SGRO. Berenberg Bank boosted their price target on shares of SEGRO to GBX 991 and gave the company a “buy” rating in a research note on Tuesday, August 18th. Citigroup reaffirmed a “buy” rating and set a £104.30 price objective on shares of SEGRO in a research report on Friday, June 26th. 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, July 31st. Finally, Peel Hunt reissued a “hold” rating and issued a GBX 915 target price on shares of SEGRO in a research report on Tuesday, August 4th.

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SEGRO Stock Up 0.5%

Shares of LON:SGRO opened at GBX 920.20 on Friday. The company has a market capitalization of £12.45 billion, a price-to-earnings ratio of 22.61, a PEG ratio of 2.12 and a beta of 1.14. SEGRO has a 12-month low of GBX 632.20 and a 12-month high of GBX 997.40. The business has a 50-day moving average price of GBX 949.30 and a 200 day moving average price of GBX 824.23. The company has a current ratio of 0.59, a quick ratio of 0.62 and a debt-to-equity ratio of 43.75.

SEGRO (LON:SGRO – Get Free Report) last posted its earnings results on Thursday, July 30th. The real estate investment trust reported GBX 19.30 EPS for the quarter. SEGRO had a net margin of 40.00% and a return on equity of 2.46%. Sell-side analysts expect 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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