SEGRO (LON:SGRO) Issues Quarterly Earnings Results

SEGRO (LON:SGRO) announced its earnings results on Monday. The real estate investment trust reported GBX 36.60 earnings per share (EPS) for the quarter, Digital Look Earnings reports. SEGRO had a negative net margin of 1.36% and a negative return on equity of 0.09%.

SEGRO Stock Performance

LON:SGRO opened at GBX 816.40 on Monday. The company has a debt-to-equity ratio of 42.10, a quick ratio of 0.62 and a current ratio of 1.30. The stock has a market capitalization of £11.04 billion, a P/E ratio of 17.75, a PEG ratio of 2.12 and a beta of 0.79. The company has a 50 day moving average price of GBX 741.62 and a 200 day moving average price of GBX 695.01. SEGRO has a fifty-two week low of GBX 586.85 and a fifty-two week high of GBX 816.40.

Wall Street Analysts Forecast Growth

SGRO has been the topic of a number of analyst reports. Berenberg Bank lifted their price objective on SEGRO from GBX 1,056 to GBX 1,067 and gave the stock a “buy” rating in a research report on Monday, January 26th. Jefferies Financial Group raised their target price on SEGRO from GBX 677 to GBX 700 and gave the stock a “buy” rating in a research note on Tuesday, October 28th. Six equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of GBX 897.

About SEGRO

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.