SEGRO Plc (LON:SGRO) Given Average Recommendation of “Moderate Buy” by Analysts

SEGRO Plc (LON:SGRO) has been given an average rating of “Moderate Buy” by the eight ratings firms that are presently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is GBX 2,220.71.

A number of research analysts have recently issued reports on the stock. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 855 price objective on shares of SEGRO in a research report on Wednesday, June 24th. Citigroup restated a “buy” rating and issued a £104.30 target price on shares of SEGRO in a research note on Friday, June 26th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of SEGRO from GBX 800 to GBX 850 and gave the stock a “hold” rating in a report on Friday, March 20th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 915 price target on shares of SEGRO in a research report on Friday, April 17th. Finally, The Goldman Sachs Group decreased their price objective on SEGRO from GBX 890 to GBX 800 and set a “neutral” rating for the company in a report on Monday, March 30th.

SEGRO Price Performance

SGRO opened at GBX 881.80 on Friday. The firm has a market capitalization of £11.93 billion, a PE ratio of 21.67, a price-to-earnings-growth ratio of 2.12 and a beta of 1.14. The company has a debt-to-equity ratio of 41.02, a current ratio of 0.56 and a quick ratio of 0.62. The business’s 50-day moving average is GBX 738.32 and its two-hundred day moving average is GBX 736.04. SEGRO has a 1 year low of GBX 603 and a 1 year high of GBX 893.60.

SEGRO Company Profile

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.