SEGRO Plc (LON:SGRO) Receives GBX 897 Consensus Price Target from Brokerages

SEGRO Plc (LON:SGRO) has earned an average rating of “Buy” from the six research firms that are currently covering the stock, MarketBeat reports. Six investment analysts have rated the stock with a buy recommendation. The average 1 year price target among brokers that have covered the stock in the last year is GBX 897.

A number of research analysts have issued reports on the company. JPMorgan Chase & Co. reissued an “overweight” rating on shares of SEGRO in a report on Thursday, October 9th. UBS Group restated a “buy” rating and issued a GBX 780 price target on shares of SEGRO in a research report on Friday, October 17th. Shore Capital reaffirmed a “buy” rating on shares of SEGRO in a report on Tuesday, October 21st. Jefferies Financial Group boosted their target price on SEGRO from GBX 677 to GBX 700 and gave the stock a “buy” rating in a report on Tuesday, October 28th. Finally, Berenberg Bank raised their price target on SEGRO from GBX 1,056 to GBX 1,067 and gave the company a “buy” rating in a report on Monday, January 26th.

SEGRO Trading Down 0.8%

Shares of LON SGRO opened at GBX 758.60 on Tuesday. The business has a 50 day simple moving average of GBX 718.33 and a 200 day simple moving average of GBX 681.35. SEGRO has a 52 week low of GBX 586.85 and a 52 week high of GBX 768. The stock has a market cap of £10.26 billion, a price-to-earnings ratio of 16.49, a PEG ratio of 2.12 and a beta of 0.79. The company has a debt-to-equity ratio of 42.10, a quick ratio of 0.62 and a current ratio of 1.30.

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.