Peel Hunt reaffirmed their hold rating on shares of SEGRO (LON:SGRO) in a report released on Wednesday.
Several other analysts have also issued reports on the stock. Credit Suisse Group upped their price target on shares of SEGRO from GBX 300 ($3.92) to GBX 745 ($9.73) and gave the stock an outperform rating in a research report on Thursday, August 23rd. Barclays upped their price target on shares of SEGRO from GBX 690 ($9.02) to GBX 700 ($9.15) and gave the stock an overweight rating in a research report on Monday, August 6th. Liberum Capital reaffirmed a buy rating on shares of SEGRO in a research report on Friday, July 20th. JPMorgan Chase & Co. upped their price target on shares of SEGRO from GBX 640 ($8.36) to GBX 660 ($8.62) and gave the stock an underweight rating in a research report on Tuesday. Finally, Numis Securities lowered shares of SEGRO to a hold rating in a research report on Thursday, July 26th. One analyst has rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the company’s stock. The stock has an average rating of Buy and a consensus target price of GBX 661.92 ($8.65).
Shares of SGRO stock traded up GBX 7.60 ($0.10) during trading on Wednesday, reaching GBX 634.60 ($8.29). The company’s stock had a trading volume of 740,247 shares, compared to its average volume of 2,670,000. SEGRO has a one year low of GBX 447.40 ($5.85) and a one year high of GBX 612.80 ($8.01).
SEGRO (LON:SGRO) last posted its quarterly earnings results on Thursday, July 26th. The real estate investment trust reported GBX 10.80 ($0.14) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of GBX 10.90 ($0.14) by GBX (0.10) ($0.00). SEGRO had a return on equity of 21.26% and a net margin of 400.00%.
The business also recently disclosed a dividend, which was paid on Friday, September 28th. Stockholders of record on Thursday, August 16th were given a GBX 5.55 ($0.07) dividend. This represents a dividend yield of 0.83%. The ex-dividend date was Thursday, August 16th.
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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