SEGRO (LON:SGRO) Rating Reiterated by Shore Capital

SEGRO (LON:SGRO)‘s stock had its “buy” rating reiterated by investment analysts at Shore Capital in a report released on Thursday, Marketbeat Ratings reports.

SGRO has been the topic of several other reports. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 1,050 ($14.06) price target on shares of SEGRO in a research note on Tuesday. Barclays reissued an “overweight” rating and issued a GBX 1,050 ($14.06) price target on shares of SEGRO in a research note on Monday, September 9th. Jefferies Financial Group dropped their price target on SEGRO from GBX 950 ($12.72) to GBX 930 ($12.45) and set a “hold” rating on the stock in a research note on Monday, July 29th. Finally, UBS Group lowered SEGRO to a “neutral” rating and dropped their price target for the company from GBX 1,045 ($13.99) to GBX 985 ($13.19) in a research note on Tuesday, August 20th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 986.50 ($13.21).

SEGRO Price Performance

The firm has a 50 day moving average of GBX 891.12 and a 200 day moving average of GBX 891.19. SEGRO has a twelve month low of GBX 675 ($9.04) and a twelve month high of GBX 949 ($12.71). The company has a market capitalization of £11.89 billion, a PE ratio of -4,220.95, 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.

About SEGRO

SEGRO is a UK Real Estate Investment Trust (REIT), listed on the London Stock Exchange and Euronext Paris, and is a leading owner, manager and developer of modern warehouses and industrial property. It owns or manages 10.4 million square metres of space (112 million square feet) valued at £20.7 billion serving customers from a wide range of industry sectors.