SEGRO Plc (LON:SGRO) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• SEGRO Plc has received a consensus rating of "Moderate Buy" from six brokerages, with two analysts recommending a hold and four recommending a buy.
• The current average twelve-month price target for SEGRO shares is GBX 930, reflecting analyst expectations for the company's growth.
• SEGRO reported an EPS of GBX 18.10 for the last quarter, with analysts predicting a total EPS of approximately 37.41 for the current year.

SEGRO Plc (LON:SGRO - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the six brokerages that are currently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is GBX 930.

SGRO has been the subject of a number of recent research reports. JPMorgan Chase & Co. restated an "overweight" rating on shares of SEGRO in a research report on Friday. Shore Capital reiterated a "buy" rating on shares of SEGRO in a report on Thursday, July 31st. Citigroup lowered their price objective on SEGRO from GBX 1,102 ($14.65) to GBX 1,053 ($14.00) and set a "buy" rating on the stock in a report on Wednesday, July 30th. Finally, Jefferies Financial Group lowered their price objective on SEGRO from GBX 693 ($9.21) to GBX 677 ($9.00) and set a "hold" rating on the stock in a report on Tuesday.

SEGRO Stock Up 1.1%

Shares of LON:SGRO opened at GBX 650.40 ($8.64) on Tuesday. SEGRO has a 52-week low of GBX 586.85 ($7.80) and a 52-week high of GBX 913.40 ($12.14). The stock has a market cap of £8.74 billion, a P/E ratio of -843.66, a price-to-earnings-growth ratio of 2.12 and a beta of 0.79. The business's 50 day moving average is GBX 674.66 and its 200 day moving average is GBX 683.46. The company has a quick ratio of 0.62, a current ratio of 1.30 and a debt-to-equity ratio of 42.10.

SEGRO (LON:SGRO - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The real estate investment trust reported GBX 18.10 ($0.24) EPS for the quarter. SEGRO had a negative return on equity of 0.09% and a negative net margin of 1.36%. Sell-side analysts predict that SEGRO will post 37.4077408 EPS for the current year.

SEGRO Company Profile

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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