Shares of SEGRO Plc (LON:SGRO – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the six brokerages that are currently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is GBX 944.67 ($12.15).
A number of research analysts have recently issued reports on SGRO shares. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of SEGRO in a report on Wednesday, April 10th. Jefferies Financial Group lowered their price target on SEGRO from GBX 950 ($12.22) to GBX 930 ($11.96) and set a “hold” rating on the stock in a report on Monday, July 29th. Finally, Shore Capital reaffirmed a “buy” rating on shares of SEGRO in a report on Thursday, April 11th.
Read Our Latest Stock Analysis on SEGRO
Insider Activity at SEGRO
SEGRO Trading Up 0.2 %
Shares of LON:SGRO opened at GBX 925.40 ($11.90) on Friday. The company has a market cap of £12.49 billion, a P/E ratio of -4,406.67, a PEG ratio of 2.12 and a beta of 0.75. The company has a debt-to-equity ratio of 50.61, a current ratio of 0.88 and a quick ratio of 0.62. SEGRO has a 1 year low of GBX 675 ($8.68) and a 1 year high of GBX 949 ($12.21). The stock’s fifty day moving average price is GBX 911.07 and its 200-day moving average price is GBX 882.97.
SEGRO Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Friday, September 20th. Investors of record on Thursday, August 8th will be given a dividend of GBX 9.10 ($0.12) per share. This represents a yield of 1%. The ex-dividend date is Thursday, August 8th. SEGRO’s dividend payout ratio (DPR) is presently -13,333.33%.
SEGRO Company Profile
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.
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