SEGRO Plc (LON:SGRO – Get Rating) has been assigned an average recommendation of “Buy” from the ten research firms that are currently covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is GBX 1,370.63 ($17.34).
A number of equities research analysts recently commented on the stock. JPMorgan Chase & Co. reissued an “overweight” rating on shares of SEGRO in a research note on Wednesday, April 6th. Citigroup reaffirmed a “buy” rating and set a GBX 1,725 ($21.82) price target on shares of SEGRO in a research note on Monday, February 7th. Peel Hunt reaffirmed a “hold” rating and set a GBX 1,250 ($15.81) price target on shares of SEGRO in a research note on Friday, February 11th. Morgan Stanley reissued an “overweight” rating on shares of SEGRO in a research report on Wednesday, May 11th. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 1,560 ($19.74) target price on shares of SEGRO in a research report on Thursday, May 5th.
Shares of LON SGRO opened at GBX 1,084 ($13.71) on Friday. The stock has a market cap of £13.10 billion and a price-to-earnings ratio of 3.21. SEGRO has a 52 week low of GBX 1,049.50 ($13.28) and a 52 week high of GBX 1,508 ($19.08). The company’s 50-day moving average price is GBX 1,241.29 and its 200 day moving average price is GBX 1,299.58. The company has a current ratio of 0.68, a quick ratio of 0.55 and a debt-to-equity ratio of 26.33.
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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