SEGRO Plc (LON:SGRO - Get Free Report) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 663.17 ($8.94) and traded as high as GBX 663.20 ($8.94). SEGRO shares last traded at GBX 660.80 ($8.91), with a volume of 2,571,024 shares changing hands.
Wall Street Analyst Weigh In
A number of analysts recently commented on SGRO shares. JPMorgan Chase & Co. reaffirmed an "overweight" rating on shares of SEGRO in a research note on Friday, August 1st. Citigroup decreased their price objective on SEGRO from GBX 1,102 to GBX 1,053 and set a "buy" rating on the stock in a research note on Wednesday, July 30th. Shore Capital reaffirmed a "buy" rating on shares of SEGRO in a research note on Thursday, July 31st. Finally, Jefferies Financial Group decreased their price objective on SEGRO from GBX 693 to GBX 677 and set a "hold" rating on the stock in a research note on Tuesday, August 5th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of GBX 871.67.
Read Our Latest Stock Analysis on SEGRO
SEGRO Trading Up 0.8%
The company has a current ratio of 1.30, a quick ratio of 0.62 and a debt-to-equity ratio of 42.10. The business has a 50 day simple moving average of GBX 637.15 and a 200-day simple moving average of GBX 663.17. The stock has a market capitalization of £8.94 billion, a price-to-earnings ratio of 1,436.52, a price-to-earnings-growth ratio of 2.12 and a beta of 0.79.
SEGRO (LON:SGRO - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The real estate investment trust reported GBX 18.10 earnings per share for the quarter. SEGRO had a negative return on equity of 0.09% and a negative net margin of 1.36%. On average, equities analysts predict that SEGRO Plc will post 37.4077408 earnings per share for the current year.
About SEGRO
(
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SEGRO is a UK Real Estate Investment Trust (REIT), and a leading owner, asset manager and developer of modern warehousing and industrial property.
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