SEGRO’s (SGRO) “Hold” Rating Reiterated at Peel Hunt

Peel Hunt reissued their hold rating on shares of SEGRO (LON:SGRO) in a research note issued to investors on Tuesday,Digital Look reports. They currently have a GBX 915 price target on the real estate investment trust’s stock.

Several other equities research analysts have also issued reports on the stock. Jefferies Financial Group increased their target price on shares of SEGRO from GBX 917 to GBX 1,000 and gave the stock a “hold” rating in a report on Friday, July 31st. Citigroup reaffirmed a “buy” rating and set a £104.30 price target on shares of SEGRO in a report on Friday, June 26th. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 995 price target on shares of SEGRO in a research report on Thursday, July 30th. Five equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 2,085.62.

SEGRO Stock Down 1.0%

Shares of SGRO opened at GBX 962 on Tuesday. The business has a 50-day simple moving average of GBX 845.25 and a two-hundred day simple moving average of GBX 771.25. The stock has a market cap of £13.02 billion, a price-to-earnings ratio of 23.64, a PEG ratio of 2.12 and a beta of 1.14. SEGRO has a 52 week low of GBX 603 and a 52 week high of GBX 997.40.

SEGRO (LON:SGRO) last posted its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported GBX 19.30 EPS for the quarter. SEGRO had a return on equity of 2.46% and a net margin of 40.00%. On average, equities analysts anticipate that SEGRO will post 37.4077408 earnings per share for the current fiscal year.

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.