SEGRO Plc (LON:SGRO) Receives GBX 986.50 Average Target Price from Analysts

SEGRO Plc (LON:SGRO) has earned a consensus rating of “Moderate Buy” from the seven ratings firms that are currently covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is GBX 986.50 ($12.41).

Several equities research analysts recently issued reports on the stock. Barclays reiterated an “overweight” rating and issued a GBX 1,050 ($13.21) target price on shares of SEGRO in a research note on Monday, September 9th. JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 1,050 ($13.21) target price on shares of SEGRO in a research note on Tuesday, September 24th. Finally, Shore Capital restated a “buy” rating on shares of SEGRO in a research note on Thursday, September 26th.

SEGRO Trading Down 0.7 %

Shares of LON:SGRO opened at GBX 693 ($8.72) on Tuesday. The stock has a market capitalization of £9.36 billion, a PE ratio of -3,300.00, a price-to-earnings-growth ratio of 2.12 and a beta of 0.79. The company’s 50-day moving average price is GBX 765.63 and its two-hundred day moving average price is GBX 849.91. The company has a debt-to-equity ratio of 42.10, a current ratio of 1.30 and a quick ratio of 0.62. SEGRO has a one year low of GBX 679.20 ($8.55) and a one year high of GBX 949 ($11.94).

Insider Activity

In other SEGRO news, insider Marcus Sperber purchased 7,240 shares of the firm’s stock in a transaction on Friday, December 20th. The stock was acquired at an average price of GBX 691 ($8.70) per share, for a total transaction of £50,028.40 ($62,952.56). Insiders own 0.33% of the company’s stock.

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.