Shares of SEGRO Plc (LON:SGRO – Get Rating) have earned an average recommendation of “Buy” from the eleven analysts that are covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is GBX 1,367.44 ($16.86).
A number of brokerages have weighed in on SGRO. Royal Bank of Canada restated a “sector perform” rating and issued a GBX 1,250 ($15.41) target price on shares of SEGRO in a research report on Wednesday. Citigroup reaffirmed a “buy” rating and issued a GBX 1,725 ($21.27) target price on shares of SEGRO in a report on Monday, February 7th. Morgan Stanley reissued an “overweight” rating on shares of SEGRO in a research note on Wednesday. Berenberg Bank restated a “buy” rating and set a GBX 1,560 ($19.23) price target on shares of SEGRO in a report on Thursday, May 5th. Finally, Peel Hunt reiterated a “hold” rating and issued a GBX 1,250 ($15.41) price objective on shares of SEGRO in a report on Friday, February 11th.
Shares of SEGRO stock opened at GBX 1,100 ($13.56) on Wednesday. The firm’s 50 day moving average is GBX 1,309.83 and its 200 day moving average is GBX 1,326.05. The firm has a market capitalization of £13.23 billion and a PE ratio of 3.25. SEGRO has a 1 year low of GBX 980.60 ($12.09) and a 1 year high of GBX 1,508 ($18.59). The company has a current ratio of 0.68, a quick ratio of 0.55 and a debt-to-equity ratio of 26.33.
About SEGRO (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.
- Fifth Third Bancorp Stock Bestows Opportunity
- 3 Reasons Why Hostess Brands Could Be a Sweet Addition to Your Watchlist
- XPO Logistics Is A Logical Choice For Investors
- 3 Online Education Stocks Investors Should Study
- If PetMeds Is A Good Buy There Will Be A Better Signal
Receive News & Ratings for SEGRO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SEGRO and related companies with MarketBeat.com's FREE daily email newsletter.