Analysts Set SEGRO Plc (LON:SGRO) Price Target at GBX 897

Shares of SEGRO Plc (LON:SGRO) have been assigned a consensus rating of “Buy” from the six ratings firms that are presently covering the company, MarketBeat Ratings reports. Six research analysts have rated the stock with a buy rating. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is GBX 897.

Several analysts have recently commented on SGRO shares. Berenberg Bank raised their price objective on shares of SEGRO from GBX 1,056 to GBX 1,067 and gave the company a “buy” rating in a research report on Monday, January 26th. Jefferies Financial Group lifted their target price on SEGRO from GBX 677 to GBX 700 and gave the company a “buy” rating in a research note on Tuesday, October 28th.

SEGRO Trading Up 0.2%

LON:SGRO opened at GBX 816 on Friday. SEGRO has a one year low of GBX 586.85 and a one year high of GBX 821.40. The business has a fifty day moving average price of GBX 744.21 and a 200-day moving average price of GBX 696.26. The firm has a market capitalization of £11.04 billion, a price-to-earnings ratio of 17.74, a price-to-earnings-growth ratio of 2.12 and a beta of 0.79. The company has a debt-to-equity ratio of 42.10, a current ratio of 1.30 and a quick ratio of 0.62.

SEGRO (LON:SGRO) last released its earnings results on Monday, February 23rd. The real estate investment trust reported GBX 36.60 earnings per share for the quarter. SEGRO had a negative return on equity of 0.09% and a negative net margin of 1.36%. Sell-side analysts forecast that SEGRO will post 37.4077408 EPS for the current 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.