Segro (SGRO) Earns Add Rating from Peel Hunt

Segro (LON:SGRO)‘s stock had its “add” rating restated by analysts at Peel Hunt in a research report issued to clients and investors on Thursday.

A number of other brokerages have also recently commented on SGRO. Goldman Sachs increased their target price on shares of Segro from GBX 585 ($8.21) to GBX 620 ($8.70) and gave the company a “neutral” rating in a research report on Wednesday, March 14th. Liberum Capital upgraded shares of Segro to a “buy” rating and increased their target price for the company from GBX 505 ($7.09) to GBX 640 ($8.98) in a research report on Friday, December 15th. Numis Securities restated an “add” rating and set a GBX 640 ($8.98) price objective on shares of Segro in a research report on Friday, February 16th. Jefferies Group upgraded shares of Segro to a “hold” rating and set a GBX 506 ($7.10) price objective for the company in a research report on Thursday, January 18th. Finally, Morgan Stanley raised their price objective on shares of Segro from GBX 610 ($8.56) to GBX 720 ($10.11) and gave the stock an “overweight” rating in a research report on Tuesday, March 13th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and six have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of GBX 612.17 ($8.59).

How to Become a New Pot Stock Millionaire

Shares of LON SGRO opened at GBX 614.40 ($8.62) on Thursday. Segro has a 52 week low of GBX 447.40 ($6.28) and a 52 week high of GBX 612.80 ($8.60).

Segro (LON:SGRO) last issued its earnings results on Friday, February 16th. The real estate investment trust reported GBX 19.90 ($0.28) EPS for the quarter, beating the Zacks’ consensus estimate of GBX 19.60 ($0.28) by GBX 0.30 ($0.00). The business had revenue of £334.70 million during the quarter. Segro had a net margin of 400.00% and a return on equity of 21.26%.

ILLEGAL ACTIVITY WARNING: This report was first posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this report on another domain, it was copied illegally and reposted in violation of U.S. and international trademark and copyright laws. The legal version of this report can be accessed at https://www.dispatchtribunal.com/2018/04/07/segro-sgro-earns-add-rating-from-peel-hunt.html.

Segro Company Profile

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 6.7 million square metres of space (72 million square feet) valued at over £9 billion serving customers from a wide range of industry sectors.

Analyst Recommendations for Segro (LON:SGRO)

Receive News & Ratings for Segro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Segro and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply