Analysts Set SEGRO Plc (LON:SGRO) PT at GBX 986.50

Shares of SEGRO Plc (LON:SGRO) have earned an average rating of “Moderate Buy” from the seven research firms that are presently covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is GBX 986.50 ($12.53).

SGRO has been the topic of several recent research reports. UBS Group lowered shares of SEGRO to a “neutral” rating and reduced their target price for the company from GBX 1,045 ($13.27) to GBX 985 ($12.51) in a report on Tuesday, August 20th. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 1,050 ($13.34) target price on shares of SEGRO in a research report on Tuesday, September 24th. Barclays reaffirmed an “overweight” rating and set a GBX 1,050 ($13.34) price target on shares of SEGRO in a report on Monday, September 9th. Finally, Shore Capital restated a “buy” rating on shares of SEGRO in a report on Thursday, September 26th.

SEGRO Price Performance

SEGRO stock opened at GBX 780 ($9.91) on Friday. The firm’s 50-day moving average is GBX 818.37 and its two-hundred day moving average is GBX 872.90. The company has a debt-to-equity ratio of 42.10, a current ratio of 1.30 and a quick ratio of 0.62. The stock has a market capitalization of £10.53 billion, a P/E ratio of -3,714.29, a P/E/G ratio of 2.12 and a beta of 0.79. SEGRO has a 12-month low of GBX 739 ($9.39) and a 12-month high of GBX 949 ($12.05).

SEGRO Company Profile

SEGRO is a UK Real Estate Investment Trust (REIT), listed on the London Stock Exchange and Euronext Paris, and is a leading owner, manager and developer of modern warehouses and industrial property. It owns or manages 10.4 million square metres of space (112 million square feet) valued at £20.7 billion serving customers from a wide range of industry sectors.