Brokerages Set SEGRO Plc (LON:SGRO) Target Price at GBX 2,085.62

SEGRO Plc (LON:SGRO) has earned a consensus rating of “Moderate Buy” from the nine brokerages that are covering the stock, MarketBeat reports. Four analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is GBX 2,085.12.

A number of research firms recently issued reports on SGRO. Jefferies Financial Group lifted their price target on SEGRO from GBX 917 to GBX 1,000 and gave the company a “hold” rating in a report on Friday, July 31st. Berenberg Bank increased their price objective on shares of SEGRO to GBX 991 and gave the stock a “buy” rating in a report on Tuesday. Citigroup restated a “buy” rating and issued a £104.30 price objective on shares of SEGRO in a research report on Friday, June 26th. Finally, Peel Hunt reaffirmed a “hold” rating and issued a GBX 915 target price on shares of SEGRO in a research note on Tuesday, August 4th.

SEGRO Trading Up 0.0%

Shares of SGRO opened at GBX 957.40 on Friday. The stock has a fifty day moving average price of GBX 897 and a two-hundred day moving average price of GBX 787.43. The company has a debt-to-equity ratio of 43.75, a quick ratio of 0.62 and a current ratio of 0.59. SEGRO has a 52-week low of GBX 603 and a 52-week high of GBX 997.40. The company has a market cap of £12.95 billion, a price-to-earnings ratio of 23.52, a PEG ratio of 2.12 and a beta of 1.14.

SEGRO (LON:SGRO) last posted its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported GBX 19.30 EPS for the quarter. SEGRO had a return on equity of 2.46% and a net margin of 40.00%. Analysts predict 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.