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

Shares of SEGRO Plc (LON:SGRO) have received an average recommendation of “Buy” from the six research firms that are presently covering the company, Marketbeat reports. Six analysts have rated the stock with a buy rating. The average 12-month price target among brokers that have issued ratings on the stock in the last year is GBX 897.

SGRO has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. reissued an “overweight” rating on shares of SEGRO in a research report on Thursday, October 9th. UBS Group reiterated a “buy” rating and set a GBX 780 target price on shares of SEGRO in a research note on Friday, October 17th. Jefferies Financial Group raised their price target on SEGRO from GBX 677 to GBX 700 and gave the company a “buy” rating in a research note on Tuesday, October 28th. Shore Capital reaffirmed a “buy” rating on shares of SEGRO in a research report on Tuesday, October 21st. Finally, Berenberg Bank increased their price objective on SEGRO from GBX 1,056 to GBX 1,067 and gave the company a “buy” rating in a report on Monday.

SEGRO Stock Performance

Shares of SEGRO stock opened at GBX 765 on Tuesday. The business has a 50-day simple moving average of GBX 717.01 and a 200-day simple moving average of GBX 680.43. The company has a debt-to-equity ratio of 42.10, a quick ratio of 0.62 and a current ratio of 1.30. SEGRO has a one year low of GBX 586.85 and a one year high of GBX 767. The company has a market cap of £10.35 billion, a PE ratio of 16.63, a P/E/G ratio of 2.12 and a beta of 0.79.

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.