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SGRO Segro Plc

717.40
-4.00 (-0.55%)
31 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Segro Plc LSE:SGRO London Ordinary Share GB00B5ZN1N88 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  -4.00 -0.55% 717.40 3,977,061 16:35:13
Bid Price Offer Price High Price Low Price Open Price
716.60 717.00 718.60 709.00 717.60
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Real Estate Agents & Mgrs 749M -253M -0.1870 -38.35 9.76B
Last Trade Time Trade Type Trade Size Trade Price Currency
17:02:40 O 2,757 715.60 GBX

Segro (SGRO) Latest News (2)

Segro (SGRO) Discussions and Chat

Segro Forums and Chat

Date Time Title Posts
31/1/202511:31SEGRO 2009 - industrial property potential890
17/2/200914:35SEGRO (Slough Estates) with charts73
20/6/200708:32fake hammer formation on slough estate7

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Segro (SGRO) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2025-01-31 17:02:41715.602,75719,729.09O
2025-01-31 16:36:35717.40236,2181,694,627.93O
2025-01-31 16:35:13717.401,63611,736.66O
2025-01-31 16:35:13717.403312,374.59O
2025-01-31 16:35:13717.402,109,71715,135,109.76UT

Segro (SGRO) Top Chat Posts

Top Posts
Posted at 31/1/2025 08:20 by Segro Daily Update
Segro Plc is listed in the Real Estate Agents & Mgrs sector of the London Stock Exchange with ticker SGRO. The last closing price for Segro was 721.40p.
Segro currently has 1,352,862,607 shares in issue. The market capitalisation of Segro is £9,702,730,617.
Segro has a price to earnings ratio (PE ratio) of -38.35.
This morning SGRO shares opened at 717.60p
Posted at 31/1/2025 11:31 by philanderer
Yes there is Dov

Goldman Sachs cuts Segro price target to 790 (870) pence - 'neutral'
Posted at 20/12/2024 10:33 by philanderer
Citigroup reinitiates Segro with 'buy' - price target 1,102 pence
Posted at 11/12/2024 00:02 by philanderer
tuesday morning...


Goldman Sachs raises Segro price target to 870 (860) pence - ’neutral’;

JPMorgan cuts Segro price target to 950 (1,050) pence - ’overweight217;
Posted at 27/11/2024 14:59 by philanderer
Detail....


On Tuesday, Morgan Stanley (NYSE:MS) resumed coverage of Segro PLC (LON:SGRO:LN) (OTC: SEGXF) shares, a UK-based real estate investment trust, assigning an Overweight rating to the company's stock with a price target of GBP10.00.

The firm's analysis suggests that despite investor disappointment following Segro's first half of 2024 results, there is potential for a positive shift in the stock's valuation.

Segro's estimated rental values saw an increase of 1.4% in the first half of 2024, a slowdown compared to the 6.0% growth in the full year of 2023. Nevertheless, the company's management reaffirmed its rental guidance, with urban assets expected to grow by 3-6% and big box by 2-4%.

Moreover, Segro announced a decrease in its 2024 capital expenditure forecast from £600 million to £500 million, attributing the reduction to delays in securing some expected pre-lets.

This adjustment in capital expenditure has given rise to perceptions of a significant softening in demand. However, Morgan Stanley's analysis indicates that, assuming stable valuation yields and a market rental growth of 3.0-3.5%, Segro's return profile is in line with historical levels that have typically led to the stock trading around its net asset value (NAV) parity.

Morgan Stanley's position reflects an anticipation of a compelling risk-reward scenario for Segro, with considerable room for a re-rating of the stock. This outlook is based on the company's performance and market conditions, despite the tempered growth in rental values and the revised capital expenditure plans.

investing.com
Posted at 21/11/2024 07:08 by williamcooper104
600bps for an equity risk premium is fat - long term average is 350-500bps - so that's getting on for distressed They then price REIT equity (based on CAPM - so adding a premium for a higher beta - which nobody other than equity analysts actually puts much store in) at a 730bps premium Another way of looking at it is that they've looked at current reit share prices and largely backfired the theory to get to their cost of equity
Posted at 21/11/2024 00:29 by philanderer
On Wednesday, Jefferies resumed coverage of Segro PLC (LON:SGRO:LN) (OTC: SEGXF) stock, a real estate investment trust, issuing a Hold rating with a new price target of GBP8.04. The firm's analysts have adjusted their discounted cash flow (DCF) derived price targets across the sector, noting a general decrease of approximately 7%.

This revision reflects the increased cost of capital for real estate investment trusts (REITs), which has risen year-to-date from 8.1% to 10% and the equity cost of capital (ke) from 9.3% to 11.9%, largely due to a higher risk-free rate.

Jefferies has incorporated Segro into its coverage, establishing a price target based on the updated DCF calculations. Previously, the company had not assigned a specific price target to Segro (noted as NA), and the coverage status was listed as Restricted.

The updated valuation methodology utilizes a sector-weighted average cost of capital (WACC) derived from Refinitiv data, reflecting changes in the market risk premium and beta values specific to the REIT sector.

The UK equity market risk premium (EMRP) has been adjusted to 6%, up from 4.6%, and a REIT sector beta of 1.24 is being used. The UK 10-year gilt is applied as the risk-free rate at 4.5%. Jefferies' previous price targets were based on stock-specific betas, with Segro's beta being close to the sector average of 1.2.

The Hold rating suggests that Jefferies views the stock as fairly valued at the current levels, taking into account the changes in the financial landscape that affect the cost of capital and risk assessments for REITs. The new price target of GBP8.04 is derived from the firm's sector analysis and reflects the updated economic factors influencing valuation.


investing.com
Posted at 10/10/2024 17:21 by nexusltd
I'd be surprised if SGRO makes a cash offer. Looking at SGRO's plans they can build new-bespoke logistics at an NIY > than the EBOX existing portfolio and furthermore profit from a NAV uplift on completion and leasing. An improved all-share offer is more likely. What increment above Brookfield's 69p will swing the deal in SGRO's favour? I would think that c. 75p is needed; which in my view delivers an unattractive NIY. In conclusion I would rather that SGRO walks away.
Posted at 10/10/2024 15:59 by williamcooper104
SGRO knew that Brookfield are likely to be parsimonious on price, harder on DD and generally harder to deal with; but would always have the advantage of having the ability to make a cash deal If BL can raise equity in a few hours then so can SGRO
Posted at 10/10/2024 15:30 by dov
Trouble is the lower the share price goes the less the offer is worth compared to all Cash
Posted at 10/10/2024 10:02 by alter ego
EBOX share price suggests market thinks SGRO will make counterbid
Segro share price data is direct from the London Stock Exchange

Segro Frequently Asked Questions (FAQ)

What is the current Segro share price?
The current share price of Segro is 717.40p
How many Segro shares are in issue?
Segro has 1,352,862,607 shares in issue
What is the market cap of Segro?
The market capitalisation of Segro is GBP 9.76B
What is the 1 year trading range for Segro share price?
Segro has traded in the range of 659.40p to 949.00p during the past year
What is the PE ratio of Segro?
The price to earnings ratio of Segro is -38.35
What is the cash to sales ratio of Segro?
The cash to sales ratio of Segro is 12.96
What is the reporting currency for Segro?
Segro reports financial results in GBP
What is the latest annual turnover for Segro?
The latest annual turnover of Segro is GBP 749M
What is the latest annual profit for Segro?
The latest annual profit of Segro is GBP -253M
What is the registered address of Segro?
The registered address for Segro is 1 NEW BURLINGTON PLACE, ENGLAND, LONDON, W1S 2HR
What is the Segro website address?
The website address for Segro is www.segro.com/
Which industry sector does Segro operate in?
Segro operates in the REAL ESTATE sector

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