SEGRO (LON:SGRO)‘s stock had its “buy” rating restated by equities researchers at Liberum Capital in a report released on Friday.
Other analysts also recently issued reports about the company. Peel Hunt reaffirmed a “hold” rating on shares of SEGRO in a research report on Thursday, July 26th. Barclays increased their price target on SEGRO from GBX 690 ($9.02) to GBX 700 ($9.15) and gave the company an “overweight” rating in a research report on Monday, August 6th. Numis Securities downgraded SEGRO to a “hold” rating in a research report on Thursday, July 26th. Finally, Credit Suisse Group increased their price target on SEGRO from GBX 300 ($3.92) to GBX 745 ($9.73) and gave the company an “outperform” rating in a research report on Thursday, August 23rd. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and seven have assigned a buy rating to the company. SEGRO has a consensus rating of “Buy” and a consensus target price of GBX 654.33 ($8.55).
Shares of SEGRO stock opened at GBX 603 ($7.88) on Friday. SEGRO has a 52 week low of GBX 447.40 ($5.85) and a 52 week high of GBX 612.80 ($8.01).
SEGRO (LON:SGRO) last issued its quarterly earnings results on Thursday, July 26th. The real estate investment trust reported GBX 10.80 ($0.14) EPS for the quarter, missing the Zacks’ consensus estimate of GBX 10.90 ($0.14) by GBX (0.10) ($0.00). SEGRO had a net margin of 400.00% and a return on equity of 21.26%.
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 (74 million square feet) valued at over £10 billion serving customers from a wide range of industry sectors.
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