SEGRO Plc (LON:SGRO) Receives Average Recommendation of "Moderate Buy" from Brokerages

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.

Shares of SEGRO Plc (LON:SGRO - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the six analysts that are currently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month target price among brokers that have covered the stock in the last year is GBX 930.

Several analysts have commented on the stock. JPMorgan Chase & Co. reiterated an "overweight" rating on shares of SEGRO in a research report on Friday, August 1st. Citigroup dropped their price target on SEGRO from GBX 1,102 ($14.82) to GBX 1,053 ($14.16) and set a "buy" rating on the stock in a research note on Wednesday, July 30th. Jefferies Financial Group lowered their price objective on SEGRO from GBX 693 ($9.32) to GBX 677 ($9.11) and set a "hold" rating on the stock in a research note on Tuesday. Finally, Shore Capital reaffirmed a "buy" rating on shares of SEGRO in a research note on Thursday, July 31st.

SEGRO Stock Performance

Shares of LON:SGRO traded up GBX 4.80 ($0.06) on Tuesday, hitting GBX 643.40 ($8.65). The company's stock had a trading volume of 1,949,628 shares, compared to its average volume of 7,479,684. SEGRO has a 12 month low of GBX 586.85 ($7.89) and a 12 month high of GBX 913.40 ($12.29). The company has a market capitalization of £8.65 billion, a price-to-earnings ratio of -834.58, a price-to-earnings-growth ratio of 2.12 and a beta of 0.79. The stock's 50-day moving average is GBX 671.77 and its two-hundred day moving average is GBX 682.09. 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 (LON:SGRO - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported GBX 18.10 ($0.24) EPS for the quarter. SEGRO had a negative net margin of 1.36% and a negative return on equity of 0.09%. On average, equities research analysts forecast 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.