SEGRO’s (SGRO) “Buy” Rating Reiterated at Deutsche Bank

Share on StockTwits

SEGRO (LON:SGRO)‘s stock had its “buy” rating reissued by equities research analysts at Deutsche Bank in a research note issued on Friday, ThisIsMoney.Co.Uk reports.

Other equities analysts have also recently issued reports about the company. Liberum Capital reissued a “buy” rating and set a GBX 1,290 ($16.86) price objective on shares of WPP in a report on Wednesday, April 17th. Morgan Stanley raised their price target on TELUS from C$53.00 to C$55.00 in a research report on Thursday, March 14th. Credit Suisse Group set a $43.00 price target on SEA and gave the stock a “buy” rating in a research report on Thursday, July 4th. Goldman Sachs Group upgraded to a “buy” rating and set a GBX 1,180 ($15.42) price target on the stock in a research report on Tuesday, June 4th. Finally, Peel Hunt restated a “hold” rating and set a GBX 935 ($12.22) price target (up from GBX 920 ($12.02)) on shares of Antofagasta in a research report on Tuesday, July 9th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of GBX 757 ($9.89).

Shares of LON SGRO opened at GBX 750.20 ($9.80) on Friday. The stock has a market cap of $8.20 billion and a PE ratio of 7.16. The company has a current ratio of 0.85, a quick ratio of 0.63 and a debt-to-equity ratio of 34.18. SEGRO has a 1-year low of GBX 577.60 ($7.55) and a 1-year high of GBX 763.40 ($9.98). The firm’s 50-day moving average price is GBX 724.79.

In other news, insider Liz Reilly sold 4,995 shares of SEGRO stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of GBX 686 ($8.96), for a total value of £34,265.70 ($44,774.21). Also, insider Soumen Das sold 110,000 shares of SEGRO stock in a transaction that occurred on Monday, June 17th. The stock was sold at an average price of GBX 727 ($9.50), for a total value of £799,700 ($1,044,949.69). Over the last 90 days, insiders have sold 212,303 shares of company stock worth $153,263,714.

SEGRO Company Profile

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 7 million square metres of space (75 million square feet) valued at £11 billion serving customers from a wide range of industry sectors.

Featured Story: Golden Cross

Analyst Recommendations for SEGRO (LON:SGRO)

Receive News & Ratings for SEGRO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SEGRO and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Barry Zwarenstein Sells 7,663 Shares of Five9 Inc  Stock
Barry Zwarenstein Sells 7,663 Shares of Five9 Inc Stock
Venture Fund Vii L.P. Arch Sells 63,000 Shares of Syros Pharmaceuticals Inc  Stock
Venture Fund Vii L.P. Arch Sells 63,000 Shares of Syros Pharmaceuticals Inc Stock
Insider Selling: Neogen Co.  Director Sells 5,000 Shares of Stock
Insider Selling: Neogen Co. Director Sells 5,000 Shares of Stock
Neogen Co.  Director Sells $314,650.00 in Stock
Neogen Co. Director Sells $314,650.00 in Stock
Insider Selling: Airgain Inc  CEO Sells 22,464 Shares of Stock
Insider Selling: Airgain Inc CEO Sells 22,464 Shares of Stock
Insider Selling: Bottomline Technologies  Insider Sells 9,925 Shares of Stock
Insider Selling: Bottomline Technologies Insider Sells 9,925 Shares of Stock


© 2006-2019 Ticker Report