SEGRO Plc (LON:SGRO) Given Consensus Rating of “Moderate Buy” by Analysts

SEGRO Plc (LON:SGRO) has been assigned a consensus recommendation of “Moderate Buy” from the seven research firms that are currently covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price target among brokerages that have covered the stock in the last year is GBX 986.50 ($12.38).

SGRO has been the topic of a number of research analyst reports. Barclays reiterated an “overweight” rating and issued a GBX 1,050 ($13.17) target price on shares of SEGRO in a report on Monday, September 9th. JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 1,050 ($13.17) target price on shares of SEGRO in a report on Tuesday, September 24th. Finally, Shore Capital restated a “buy” rating on shares of SEGRO in a report on Thursday, September 26th.

SEGRO Stock Up 1.0 %

Shares of LON SGRO opened at GBX 694.75 ($8.72) on Tuesday. The stock has a market capitalization of £9.38 billion, a PE ratio of -3,308.32, a P/E/G ratio of 2.12 and a beta of 0.79. The company has a quick ratio of 0.62, a current ratio of 1.30 and a debt-to-equity ratio of 42.10. The firm has a fifty day moving average of GBX 762.56 and a 200-day moving average of GBX 847.90. SEGRO has a 52-week low of GBX 679.20 ($8.52) and a 52-week high of GBX 949 ($11.91).

Insider Buying and Selling

In other news, insider Marcus Sperber purchased 7,240 shares of the stock in a transaction that occurred on Friday, December 20th. The stock was acquired at an average cost of GBX 691 ($8.67) per share, with a total value of £50,028.40 ($62,770.89). 0.33% of the stock is currently owned by corporate insiders.

About SEGRO

SEGRO is a UK Real Estate Investment Trust (REIT), and a leading owner, asset manager and developer of modern warehousing and industrial property.