SEGRO (LON:SGRO) Given Hold Rating at Peel Hunt
SEGRO (LON:SGRO)‘s stock had its “hold” rating reissued by investment analysts at Peel Hunt in a research note issued on Tuesday, ThisIsMoney.Co.Uk reports.
A number of other brokerages also recently issued reports on SGRO. Deutsche Bank restated a “buy” rating on shares of SEGRO in a report on Thursday, October 17th. Goldman Sachs Group restated a “buy” rating on shares of SEGRO in a report on Thursday, August 8th. Peel Hunt restated a “hold” rating and set a GBX 735 ($9.60) price target on shares of SEGRO in a report on Wednesday, October 16th. Barclays restated an “overweight” rating on shares of SEGRO in a report on Wednesday, November 27th. Finally, Liberum Capital restated a “buy” rating and set a GBX 850 ($11.11) price target on shares of SEGRO in a report on Wednesday, October 16th. Five analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of GBX 800.08 ($10.45).
Shares of LON:SGRO opened at GBX 863 ($11.28) on Tuesday. SEGRO has a 1 year low of GBX 577.60 ($7.55) and a 1 year high of GBX 887.80 ($11.60). The company has a market cap of $9.80 billion and a PE ratio of 10.01. The company has a debt-to-equity ratio of 28.31, a current ratio of 0.96 and a quick ratio of 0.93. The stock’s 50-day moving average is GBX 847.86 and its 200 day moving average is GBX 774.82.
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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