SEGRO Plc (LON:SGRO – Get Free Report) has been assigned an average recommendation of “Moderate Buy” from the six analysts that are covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is GBX 944.67 ($12.15).
SGRO has been the subject of several recent research reports. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of SEGRO in a research note on Wednesday, April 10th. Jefferies Financial Group lowered their price objective on SEGRO from GBX 950 ($12.22) to GBX 930 ($11.96) and set a “hold” rating for the company in a research note on Monday, July 29th. Finally, Shore Capital reaffirmed a “buy” rating on shares of SEGRO in a research note on Thursday, April 11th.
Check Out Our Latest Analysis on SGRO
Insider Buying and Selling
SEGRO Stock Up 0.2 %
SGRO stock opened at GBX 925.40 ($11.90) on Friday. The firm has a 50-day moving average price of GBX 911.07 and a 200-day moving average price of GBX 882.97. SEGRO has a 12 month low of GBX 675 ($8.68) and a 12 month high of GBX 949 ($12.21). The company has a current ratio of 0.88, a quick ratio of 0.62 and a debt-to-equity ratio of 50.61. The stock has a market capitalization of £12.49 billion, a P/E ratio of -4,406.67, a price-to-earnings-growth ratio of 2.12 and a beta of 0.75.
SEGRO Cuts Dividend
The company also recently announced a dividend, which will be paid on Friday, September 20th. Investors of record on Thursday, August 8th will be issued a GBX 9.10 ($0.12) dividend. This represents a dividend yield of 1%. The ex-dividend date of this dividend is Thursday, August 8th. SEGRO’s dividend payout ratio is currently -13,333.33%.
SEGRO Company Profile
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.
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