SEGRO's (SGRO) "Buy" Rating Reiterated at UBS Group

Key Points

• UBS Group has reaffirmed a "buy" rating for SEGRO (SGRO) with a price target of GBX 780, suggesting a potential upside of 17.26% from its current price.
• SEGRO's stock recently opened at GBX 665.20, with a one-year range of GBX 586.85 to GBX 845.40, and a market capitalization of £9.00 billion.
• The stock currently has a consensus rating of "Moderate Buy" from analysts, with a consensus price target of GBX 848.75.

SEGRO (LON:SGRO - Get Free Report)'s stock had its "buy" rating reaffirmed by analysts at UBS Group in a research report issued on Friday,Digital Look reports. They presently have a GBX 780 price objective on the real estate investment trust's stock. UBS Group's price objective indicates a potential upside of 17.26% from the stock's current price.

Other equities research analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. reaffirmed an "overweight" rating on shares of SEGRO in a research note on Thursday, October 9th. Citigroup lowered their target price on shares of 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. Jefferies Financial Group lowered their target price on shares of SEGRO from GBX 693 to GBX 677 and set a "hold" rating on the stock in a research note on Tuesday, August 5th. Finally, Shore Capital reaffirmed a "buy" rating on shares of SEGRO in a research note on Thursday, July 31st. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 848.75.

SEGRO Stock Down 1.4%

Shares of SEGRO stock opened at GBX 665.20 on Friday. SEGRO has a 1 year low of GBX 586.85 and a 1 year high of GBX 845.40. The stock has a market cap of £9.00 billion, a price-to-earnings ratio of 1,446.09, a PEG ratio of 2.12 and a beta of 0.79. The company has a debt-to-equity ratio of 42.10, a current ratio of 1.30 and a quick ratio of 0.62. The firm's 50-day moving average is GBX 640.06 and its two-hundred day moving average is GBX 660.44.

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 EPS for the quarter. SEGRO had a negative net margin of 1.36% and a negative return on equity of 0.09%. As a group, research analysts expect that SEGRO will post 37.4077408 earnings per share for the current fiscal 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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