SEGRO Plc (LON:SGRO) Receives Consensus Rating of “Buy” from Analysts

SEGRO Plc (LON:SGRO) has been given a consensus rating of “Buy” by the six analysts that are presently covering the stock, Marketbeat reports. Six equities research analysts have rated the stock with a buy recommendation. The average 12-month price target among brokers that have issued a report on the stock in the last year is GBX 897.

Several research analysts have recently issued reports on SGRO shares. Jefferies Financial Group raised their price objective on SEGRO from GBX 677 to GBX 700 and gave the stock a “buy” rating in a research note on Tuesday, October 28th. Berenberg Bank upped their price target on shares of SEGRO from GBX 1,056 to GBX 1,067 and gave the company a “buy” rating in a report on Monday, January 26th.

SEGRO Trading Up 2.0%

LON SGRO opened at GBX 814 on Friday. SEGRO has a 12-month low of GBX 586.85 and a 12-month high of GBX 814.25. The company has a fifty day simple moving average of GBX 741.62 and a two-hundred day simple moving average of GBX 694.41. The company has a current ratio of 1.30, a quick ratio of 0.62 and a debt-to-equity ratio of 42.10. The stock has a market cap of £11.01 billion, a P/E ratio of 17.70, 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.