SEGRO (LON:SGRO) Rating Reiterated by Morgan Stanley

SEGRO (LON:SGROGet Rating)‘s stock had its “overweight” rating reaffirmed by equities researchers at Morgan Stanley in a report released on Wednesday, Digital Look reports.

Several other research analysts have also weighed in on SGRO. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,560 ($19.23) price objective on shares of SEGRO in a research note on Thursday, May 5th. Royal Bank of Canada reiterated a “sector perform” rating and issued a GBX 1,250 ($15.41) price objective on shares of SEGRO in a research note on Wednesday. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of SEGRO in a research note on Wednesday, April 6th. Barclays reiterated an “overweight” rating and issued a GBX 1,545 ($19.05) price objective on shares of SEGRO in a research note on Friday, May 6th. Finally, Peel Hunt reiterated a “hold” rating and issued a GBX 1,250 ($15.41) price objective on shares of SEGRO in a research note on Friday, February 11th. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, SEGRO presently has a consensus rating of “Buy” and a consensus price target of GBX 1,396.09 ($17.21).

SEGRO stock opened at GBX 1,105 ($13.62) on Wednesday. The firm has a market cap of £13.29 billion and a PE ratio of 3.27. The company has a debt-to-equity ratio of 26.33, a quick ratio of 0.55 and a current ratio of 0.68. The firm’s 50 day moving average price is GBX 1,309.83 and its two-hundred day moving average price is GBX 1,326.05. SEGRO has a twelve month low of GBX 980.60 ($12.09) and a twelve month high of GBX 1,508 ($18.59).

SEGRO Company Profile (Get Rating)

SEGRO is a UK Real Estate Investment Trust (REIT), and a leading owner, manager and developer of modern warehouses and light industrial property. It owns or manages 8.1 million square metres of space (88 million square feet) valued at £13.3 billion serving customers from a wide range of industry sectors.

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Analyst Recommendations for SEGRO (LON:SGRO)

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