SEGRO Plc (LON:SGRO) Receives GBX 897 Consensus Price Target from Analysts

SEGRO Plc (LON:SGRO) has earned a consensus recommendation of “Buy” from the six brokerages that are currently covering the company, MarketBeat.com reports. Six research analysts have rated the stock with a buy recommendation. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is GBX 897.

Several equities research analysts have weighed in on the company. Shore Capital reiterated a “buy” rating on shares of SEGRO in a report on Tuesday, October 21st. JPMorgan Chase & Co. restated an “overweight” rating on shares of SEGRO in a report on Thursday, October 9th. Jefferies Financial Group increased their target price on shares of SEGRO from GBX 677 to GBX 700 and gave the stock a “buy” rating in a report on Tuesday, October 28th. Berenberg Bank raised their target price on shares of SEGRO from GBX 1,056 to GBX 1,067 and gave the company a “buy” rating in a research report on Monday, January 26th. Finally, UBS Group restated a “buy” rating and issued a GBX 780 price target on shares of SEGRO in a report on Friday, October 17th.

SEGRO Stock Performance

SEGRO stock opened at GBX 761.80 on Tuesday. The company has a debt-to-equity ratio of 42.10, a quick ratio of 0.62 and a current ratio of 1.30. The company has a market capitalization of £10.30 billion, a PE ratio of 16.56, a P/E/G ratio of 2.12 and a beta of 0.79. The company has a 50 day moving average price of GBX 719.77 and a 200-day moving average price of GBX 682.33. SEGRO has a fifty-two week low of GBX 586.85 and a fifty-two week high of GBX 768.

About SEGRO

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.