Peel Hunt reaffirmed their hold rating on shares of SEGRO (LON:SGRO) in a research note issued to investors on Monday morning, ThisIsMoney.Co.Uk reports.
Several other analysts have also recently commented on SGRO. Deutsche Bank raised their target price on shares of SEGRO from GBX 740 ($9.67) to GBX 830 ($10.85) and gave the stock a buy rating in a research note on Wednesday, July 24th. Barclays reiterated an overweight rating and issued a GBX 855 ($11.17) price target (up previously from GBX 755 ($9.87)) on shares of SEGRO in a report on Thursday, August 22nd. Liberum Capital increased their price target on shares of SEGRO from GBX 750 ($9.80) to GBX 850 ($11.11) and gave the company a buy rating in a report on Tuesday, July 30th. UBS Group reiterated a buy rating and issued a GBX 820 ($10.71) price target (up previously from GBX 750 ($9.80)) on shares of SEGRO in a report on Monday, August 12th. Finally, Credit Suisse Group increased their price target on shares of SEGRO from GBX 745 ($9.73) to GBX 860 ($11.24) and gave the company an outperform rating in a report on Thursday, July 4th. Four investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The stock currently has a consensus rating of Buy and an average price target of GBX 792.75 ($10.36).
SGRO stock opened at GBX 779.40 ($10.18) on Monday. SEGRO has a one year low of GBX 577.60 ($7.55) and a one year high of GBX 800.21 ($10.46). The stock has a market capitalization of $8.52 billion and a PE ratio of 9.04. The company has a debt-to-equity ratio of 28.31, a quick ratio of 0.93 and a current ratio of 0.96. The company has a fifty day moving average of GBX 765.25 and a 200-day moving average of GBX 715.51.
SEGRO Company Profile
SEGRO is a UK Real Estate Investment Trust (REIT), and a leading owner, manager and developer of modern warehouses and light industrial property. It owns or manages 7 million square metres of space (75 million square feet) valued at £11 billion serving customers from a wide range of industry sectors.
Further Reading: Are sell-side analysts objective?
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