SEGRO’s (SGRO) Hold Rating Reiterated at Jefferies Financial Group

SEGRO (LON:SGRO)‘s stock had its “hold” rating restated by equities researchers at Jefferies Financial Group in a note issued to investors on Wednesday, Digital Look reports. They presently have a GBX 1,000 price target on the real estate investment trust’s stock. Jefferies Financial Group’s target price would indicate a potential upside of 10.20% from the stock’s current price.

Other equities research analysts have also issued reports about the company. Berenberg Bank raised their price target on SEGRO to GBX 991 and gave the stock a “buy” rating in a research note on Tuesday, August 18th. Peel Hunt reaffirmed a “hold” rating and issued a GBX 915 price objective on shares of SEGRO in a research report on Tuesday, August 4th. Finally, Citigroup reaffirmed a “buy” rating and issued a £104.30 price objective on shares of SEGRO in a research report on Friday, June 26th. Three investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, SEGRO has a consensus rating of “Hold” and an average price target of GBX 2,271.57.

SEGRO Stock Up 0.7%

Shares of LON:SGRO opened at GBX 907.40 on Wednesday. SEGRO has a 1 year low of GBX 632.20 and a 1 year high of GBX 997.40. The business has a 50 day simple moving average of GBX 940.65 and a two-hundred day simple moving average of GBX 841.73. The firm has a market capitalization of £12.28 billion, a PE ratio of 41.25, a price-to-earnings-growth ratio of 2.12 and a beta of 1.14. The company has a debt-to-equity ratio of 43.75, a current ratio of 0.59 and a quick ratio of 0.62.

SEGRO (LON:SGRO) last released its earnings results on Thursday, July 30th. The real estate investment trust reported GBX 19.30 EPS for the quarter. SEGRO had a return on equity of 2.46% and a net margin of 40.00%. On average, equities analysts predict that SEGRO will post 37.41 EPS for the current year.

SEGRO Company Profile

SEGRO is a UK Real Estate Investment Trust (REIT), and a leading owner, asset manager and developer of modern warehousing, industrial property and data centres across the UK and seven other European countries.