SEGRO Plc (OTCMKTS:SEGXF) Receives Consensus Recommendation of “Hold” from Analysts

SEGRO Plc (OTCMKTS:SEGXFGet Rating) has been assigned a consensus rating of “Hold” from the nine analysts that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have given a buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $1,200.34.

Several research firms recently commented on SEGXF. The Goldman Sachs Group downgraded SEGRO from a “conviction-buy” rating to a “buy” rating in a research note on Thursday, March 31st. JPMorgan Chase & Co. upped their price objective on SEGRO from GBX 1,450 ($17.76) to GBX 1,585 ($19.41) in a research note on Wednesday, March 23rd. Cheuvreux downgraded SEGRO from a “hold” rating to a “reduce” rating and set a GBX 1,240 ($15.19) price objective on the stock. in a research note on Tuesday, May 3rd. Finally, Berenberg Bank upped their price objective on SEGRO from GBX 1,500 ($18.37) to GBX 1,560 ($19.11) in a research note on Friday, February 25th.

SEGRO stock opened at $12.10 on Tuesday. SEGRO has a 12 month low of $11.54 and a 12 month high of $19.50. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.25. The business’s 50 day simple moving average is $14.61 and its 200 day simple moving average is $16.77.

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 (OTCMKTS:SEGXF)

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