SEGRO (LON:SGRO) Stock Rating Reaffirmed by Peel Hunt

Peel Hunt reissued their hold rating on shares of SEGRO (LON:SGRO) in a research report sent to investors on Tuesday, June 25th, ThisIsMoney.Co.Uk reports.

SGRO has been the topic of a number of other reports. Deutsche Bank upgraded Arista Networks from a sell rating to a hold rating and increased their price target for the stock from $190.00 to $225.00 in a report on Tuesday, March 19th. Barclays increased their price target on Coupa Software from $95.00 to $101.00 and gave the stock an equal weight rating in a report on Tuesday, June 4th. They noted that the move was a valuation call. Goldman Sachs Group upgraded to a buy rating and set a GBX 1,180 ($15.42) target price on the stock in a report on Tuesday, June 4th. Morgan Stanley increased their target price on TELUS from C$53.00 to C$55.00 in a report on Thursday, March 14th. Finally, JPMorgan Chase & Co. set a $105.00 target price on Churchill Downs and gave the stock a hold rating in a report on Friday, March 1st. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the stock. The company has an average rating of Hold and a consensus target price of GBX 757 ($9.89).

LON:SGRO traded up GBX 5.80 ($0.08) on Tuesday, reaching GBX 755.40 ($9.87). 1,327,044 shares of the stock traded hands, compared to its average volume of 2,670,000. The stock has a market capitalization of $8.27 billion and a price-to-earnings ratio of 7.21. SEGRO has a 1-year low of GBX 577.60 ($7.55) and a 1-year high of GBX 763.40 ($9.98). The firm has a 50 day moving average of GBX 728.58. The company has a debt-to-equity ratio of 34.18, a current ratio of 0.85 and a quick ratio of 0.63.

In other news, insider Andy Gulliford sold 97,308 shares of SEGRO stock in a transaction dated Wednesday, May 22nd. The stock was sold at an average price of GBX 718 ($9.38), for a total transaction of £698,671.44 ($912,937.99). Also, insider Liz Reilly sold 4,995 shares of SEGRO stock in a transaction dated Monday, April 29th. The shares were sold at an average price of GBX 686 ($8.96), for a total value of £34,265.70 ($44,774.21). In the last 90 days, insiders sold 212,303 shares of company stock valued at $153,263,714.

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 7 million square metres of space (75 million square feet) valued at £11 billion serving customers from a wide range of industry sectors.

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Analyst Recommendations for SEGRO (LON:SGRO)

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