SEGRO Plc (LON:SGRO) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of SEGRO Plc (LON:SGRO) have been given a consensus rating of “Moderate Buy” by the eight research firms that are presently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is GBX 859.

A number of brokerages have recently weighed in on SGRO. JPMorgan Chase & Co. boosted their price objective on shares of SEGRO from GBX 885 to GBX 915 and gave the stock an “overweight” rating in a research note on Wednesday, March 4th. The Goldman Sachs Group reduced their price objective on shares of SEGRO from GBX 890 to GBX 800 and set a “neutral” rating for the company in a research note on Monday, March 30th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of SEGRO from GBX 800 to GBX 850 and gave the stock a “hold” rating in a research note on Friday, March 20th. Finally, Berenberg Bank restated a “buy” rating and issued a GBX 915 price objective on shares of SEGRO in a research note on Friday, April 17th.

SEGRO Price Performance

Shares of SGRO opened at GBX 716.80 on Thursday. The firm has a market cap of £9.70 billion, a PE ratio of 17.61, a PEG ratio of 2.12 and a beta of 1.13. The firm’s 50 day moving average price is GBX 720.28 and its 200 day moving average price is GBX 724.50. The company has a debt-to-equity ratio of 41.02, a quick ratio of 0.62 and a current ratio of 0.56. SEGRO has a twelve month low of GBX 603 and a twelve month high of GBX 844.60.

SEGRO (LON:SGRO) last issued its quarterly earnings data on Monday, February 23rd. The real estate investment trust reported GBX 36.60 earnings per share for the quarter. SEGRO had a net margin of 77.66% and a return on equity of 3.51%. As a group, research analysts expect that SEGRO will post 37.4077408 EPS for the current fiscal year.

SEGRO Company Profile

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.