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Marcus Sperber Buys 7,240 Shares of SEGRO Plc (LON:SGRO) Stock


Marcus Sperber Buys 7,240 Shares of SEGRO Plc (LON:SGRO) Stock

SEGRO Plc (LON:SGRO - Get Free Report) insider Marcus Sperber acquired 7,240 shares of the firm's stock in a transaction on Friday, December 20th. The stock was bought at an average price of GBX 691 ($8.64) per share, with a total value of £50,028.40 ($62,527.68).

Shares of SGRO traded up GBX 5.99 ($0.07) during mid-day trading on Friday, reaching GBX 687.99 ($8.60). The company had a trading volume of 8,887,453 shares, compared to its average volume of 3,778,107. SEGRO Plc has a 52 week low of GBX 679.20 ($8.49) and a 52 week high of GBX 949 ($11.86). The company has a debt-to-equity ratio of 42.10, a quick ratio of 0.62 and a current ratio of 1.30. The company has a market capitalization of £9.29 billion, a price-to-earnings ratio of -3,276.14, a price-to-earnings-growth ratio of 2.12 and a beta of 0.79. The firm has a 50-day moving average price of GBX 782.92 and a 200 day moving average price of GBX 858.79.

A number of equities analysts recently issued reports on the stock. Shore Capital reissued a "buy" rating on shares of SEGRO in a research note on Thursday, September 26th. Barclays reissued an "overweight" rating and issued a GBX 1,050 ($13.12) target price on shares of SEGRO in a research report on Monday, September 9th. Finally, JPMorgan Chase & Co. restated an "overweight" rating and set a GBX 1,050 ($13.12) price target on shares of SEGRO in a research report on Tuesday, September 24th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, SEGRO currently has an average rating of "Moderate Buy" and a consensus target price of GBX 986.50 ($12.33).

Read Our Latest Stock Analysis on SGRO

SEGRO is a UK Real Estate Investment Trust (REIT), and a leading owner, asset manager and developer of modern warehousing and industrial property.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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