Professional
Added to YB: 2024-08-05
Pitch date: 2024-06-30
SGRO.L [bullish]
SEGRO Plc
-20.16%
current return
Author Info
No bio for this author
Company Info
SEGRO is a UK Real Estate Investment Trust (REIT), listed on the London Stock Exchange and Euronext Paris, and is a leading owner, manager and developer of modern warehouses and industrial property.
Market Cap
GBP 12.5B
Pitch Price
GBP 8.61
Price Target
N/A
Dividend
3.00%
EV/EBITDA
34.02
P/E
-1.2K
EV/Sales
23.08
Sector
Industrial REITs
Category
growth
Epoch Global Equity New Position: SEGRO Plc
SGRO.L: UK/EU industrial REIT benefiting from e-commerce & supply chain trends. Steady growth via acquisitions & development. Expects continued FFO growth from expansion & lease roll-ups. Attractive, growing semi-annual dividend (85-95% payout of adj. earnings). Well-positioned for long-term structural economic shifts.
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