Brokers

Brokers Set Expectations for SEGRO Plc’s FY2022 Earnings (OTCMKTS:SEGXF)


SEGRO Plc (OTCMKTS:SEGXFGet Rating) – Research analysts at Jefferies Financial Group issued their FY2022 earnings per share (EPS) estimates for SEGRO in a research report issued on Tuesday, July 12th. Jefferies Financial Group analyst M. Prew expects that the company will post earnings per share of $0.38 for the year. The consensus estimate for SEGRO’s current full-year earnings is $0.40 per share. Jefferies Financial Group also issued estimates for SEGRO’s FY2023 earnings at $0.44 EPS and FY2024 earnings at $0.46 EPS.

Other equities analysts also recently issued research reports about the company. Barclays dropped their price target on SEGRO from GBX 1,545 ($18.38) to GBX 1,300 ($15.46) in a research report on Tuesday, July 5th. Cheuvreux downgraded SEGRO from a “hold” rating to a “reduce” rating and set a GBX 1,240 ($14.75) price target on the stock. in a research report on Tuesday, May 3rd. Exane BNP Paribas downgraded SEGRO from a “neutral” rating to an “underperform” rating in a research report on Thursday, July 7th. JPMorgan Chase & Co. increased their price target on SEGRO from GBX 1,450 ($17.25) to GBX 1,585 ($18.85) in a research report on Wednesday, March 23rd. Finally, The Goldman Sachs Group downgraded SEGRO from a “conviction-buy” rating to a “buy” rating in a research report on Thursday, March 31st. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $1,216.95.

SEGXF opened at $12.30 on Thursday. SEGRO has a 12-month low of $11.54 and a 12-month high of $19.50. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.81 and a quick ratio of 0.81. The business’s fifty day simple moving average is $12.79 and its 200-day simple moving average is $15.99.

SEGRO Company Profile (Get Rating)

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 8.1 million square metres of space (88 million square feet) valued at £13.3 billion serving customers from a wide range of industry sectors.

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