Brokerages Set SEGRO Plc (LON:SGRO) Price Target at GBX 952

SEGRO Plc (LON:SGROGet Free Report) has been given a consensus recommendation of “Moderate Buy” by the six brokerages that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is GBX 982 ($12.13).

Several equities research analysts have recently commented on SGRO shares. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of SEGRO in a report on Wednesday, April 10th. Shore Capital reissued a “buy” rating on shares of SEGRO in a research note on Thursday, April 11th. Berenberg Bank increased their price objective on SEGRO from GBX 863 ($10.66) to GBX 940 ($11.61) and gave the stock a “hold” rating in a research note on Thursday, February 22nd. HSBC raised SEGRO to a “buy” rating and set a GBX 964 ($11.91) price objective for the company in a research note on Thursday, March 21st. Finally, Jefferies Financial Group reissued a “buy” rating and issued a GBX 1,042 ($12.87) price objective on shares of SEGRO in a research note on Thursday, April 18th.

Read Our Latest Stock Report on SEGRO

Insider Buying and Selling at SEGRO

In other SEGRO news, insider Carol Fairweather bought 8,000 shares of SEGRO stock in a transaction on Thursday, March 7th. The stock was purchased at an average cost of GBX 878 ($10.84) per share, for a total transaction of £70,240 ($86,758.89). Corporate insiders own 0.26% of the company’s stock.

SEGRO Trading Down 0.4 %

Shares of LON SGRO opened at GBX 845.60 ($10.44) on Thursday. SEGRO has a 12 month low of GBX 675 ($8.34) and a 12 month high of GBX 913 ($11.28). The company has a market cap of £11.33 billion, a price-to-earnings ratio of -4,042.86, a P/E/G ratio of 2.12 and a beta of 0.73. The company has a quick ratio of 0.62, a current ratio of 0.88 and a debt-to-equity ratio of 50.61. The business has a fifty day simple moving average of GBX 867.84 and a 200-day simple moving average of GBX 834.75.

SEGRO Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, May 3rd. Shareholders of record on Thursday, March 14th will be paid a GBX 19.10 ($0.24) dividend. The ex-dividend date of this dividend is Thursday, March 14th. This is a boost from SEGRO’s previous dividend of $8.70. This represents a yield of 2.29%. SEGRO’s payout ratio is -13,333.33%.


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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.

Further Reading

Analyst Recommendations for SEGRO (LON:SGRO)

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