SEGRO Plc (LON:SGRO) Receives GBX 986.50 Consensus PT from Analysts

SEGRO Plc (LON:SGRO) has been assigned a consensus rating of “Moderate Buy” from the seven analysts that are presently covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is GBX 986.50 ($12.36).

Several equities analysts recently commented on the stock. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 1,050 ($13.16) price objective on shares of SEGRO in a research note on Tuesday, September 24th. Barclays restated an “overweight” rating and set a GBX 1,050 ($13.16) price target on shares of SEGRO in a research report on Monday, September 9th. Finally, Shore Capital reiterated a “buy” rating on shares of SEGRO in a research report on Thursday, September 26th.

SEGRO Trading Up 0.4 %

SGRO opened at GBX 698.20 ($8.75) on Tuesday. SEGRO has a twelve month low of GBX 679.20 ($8.51) and a twelve month high of GBX 949 ($11.89). The company has a fifty day moving average of GBX 771.59 and a 200-day moving average of GBX 852.97. The stock has a market cap of £9.43 billion, a PE ratio of -3,324.76, a price-to-earnings-growth ratio of 2.12 and a beta of 0.79. The company has a quick ratio of 0.62, a current ratio of 1.30 and a debt-to-equity ratio of 42.10.

Insider Activity at SEGRO

In related news, insider Marcus Sperber acquired 7,240 shares of SEGRO stock in a transaction on Friday, December 20th. The stock was bought at an average cost of GBX 691 ($8.66) per share, for a total transaction of £50,028.40 ($62,692.23). 0.33% of the stock is currently owned by insiders.

About SEGRO

SEGRO is a UK Real Estate Investment Trust (REIT), and a leading owner, asset manager and developer of modern warehousing and industrial property.