SEGRO (LON:SGRO) Rating Reiterated by Peel Hunt

Peel Hunt reiterated their hold rating on shares of SEGRO (LON:SGRO) in a research report report published on Tuesday morning, ThisIsMoney.Co.Uk reports.

Several other research firms have also recently issued reports on SGRO. Barclays reissued an overweight rating and set a GBX 855 ($11.17) target price (up from GBX 755 ($9.87)) on shares of SEGRO in a research note on Thursday, August 22nd. Royal Bank of Canada boosted their target price on SEGRO from GBX 725 ($9.47) to GBX 750 ($9.80) and gave the company a sector performer rating in a research note on Friday, July 26th. Liberum Capital boosted their target price on SEGRO from GBX 750 ($9.80) to GBX 850 ($11.11) and gave the company a buy rating in a research note on Tuesday, July 30th. Morgan Stanley upped their price target on SEGRO from GBX 830 ($10.85) to GBX 870 ($11.37) and gave the stock an overweight rating in a research note on Monday, September 2nd. Finally, Credit Suisse Group upped their price target on SEGRO from GBX 745 ($9.73) to GBX 860 ($11.24) and gave the stock an outperform rating in a research note on Thursday, July 4th. Four analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The stock currently has a consensus rating of Buy and an average price target of GBX 792.75 ($10.36).

SGRO opened at GBX 818.60 ($10.70) on Tuesday. The company has a debt-to-equity ratio of 28.31, a quick ratio of 0.93 and a current ratio of 0.96. SEGRO has a 52-week low of GBX 577.60 ($7.55) and a 52-week high of GBX 814 ($10.64). The stock has a market capitalization of $9.02 billion and a PE ratio of 9.50. The stock’s 50 day moving average price is GBX 789.90 and its 200-day moving average price is GBX 734.04.

The company also recently declared a dividend, which was paid on Monday, September 23rd. Investors of record on Thursday, August 15th were paid a GBX 6.30 ($0.08) dividend. The ex-dividend date was Thursday, August 15th. This represents a yield of 0.82%. SEGRO’s payout ratio is 0.23%.

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.

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Analyst Recommendations for SEGRO (LON:SGRO)

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