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.
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.
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