Barclays research analysts have downgraded Segro (LON: SGRO) to “equal weight” in a research note published on Friday.

This information came from Bloomberg Ratings, which can be found online.

Their current price objective for the shares of the real estate investment trust is GBX 800 ($9.62), which translates to a price of $9.62 per individual share. Compared to the stock’s current price, which is up 4.98%, the price target Barclays has established for the Stock indicates that there is a possibility of an increase.

On Friday, the price of one share of SGRO stock was GBX 762 ($9.16), which is equivalent to the dollar amount.

A debt-to-equity ratio comes in at 45.24; a quick ratio at 0.62; a current ratio at 0.73; and a quick ratio at 0.62.

The company presently holds a market value equal to £9.22 billion, a P/E ratio equal to -481.77, a PEG ratio equal to 2.37, and a beta coefficient that is equal to 0.70.

The company’s current price, which is trading at GBX 825.79, is greater than the 200-day simple moving average price, which is GBX 819.24.

The one-year high for SEGRO was $1,408, equivalent to $16.93, and the one-year low as $669.20, equal to $8.05.
Various research organizations have recently voiced an interest in SGRO, which has occurred over the past few months.

The “buy” rating that Shore Capital had previously assigned to shares of SEGRO Corporation was reaffirmed in a research note released on February 21st.

In a research report published on February 21st, Peel Hunt reaffirmed an “add” rating on shares of SEGRO and positioned a price objective of GBX 920 ($11.06) for the company. Citigroup has lowered its rating for SEGRO to “neutral,” as stated in a research note published on February 14th.

In a research note distributed by JPMorgan Chase & Co on February 21st, the investment bank assigned an “overweight” rating to the SEGRO stock.

In addition, as a direct result of the upgrade, the company increased its price objective for the stock from GBX 960 ($11.54) to GBX 1,000 ($12.03).
Last but not least, on February 22nd, Berenberg Bank upgraded SEGRO to a “buy” rating and raised their price objective for the stock from GBX 1,040 ($12.51) to GBX 1,100 ($13.23).

The research note was published in conjunction with the bank’s decision to raise its price target for the stock.

These moves were made with the company’s shares in mind at some point. Six analysts have assigned a “buy” rating to the stock, while only two have assigned a “hold” rating to the stock.

The current price objective for the company is listed at GBX 1,030.50 ($12.39), and the average rating for the company is currently “Moderate Buy,” as reported by Bloomberg.com.
According to the news article linked in the previous sentence, on Monday, March 6th, business insider Andy Harrison purchased 78,960 shares of company stock.

Because the shares were purchased at an average price of GBX 8.12 ($9.76), the total cost came to a total of £641,155.20 ($770,989.90).

This was because the shares were purchased.

During the most recent fiscal quarter, company insiders bought 343,926 shares with a total value of $285,669,418.

This represents 0.27% of the total shares currently outstanding in the company.

In the United Kingdom, SEGRO is well-known as an owner, manager, and developer of contemporary warehouses and light industrial assets.

It owns or manages space equivalent to 8.1 million square meters (88 million square feet), and it has a value of £13.3 billion.

It provides services to customers in a wide variety of businesses.

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