SEGRO (LON:SGRO) Price Target Raised to GBX 850

SEGRO (LON:SGRO) had its price objective increased by Deutsche Bank Aktiengesellschaft from GBX 800 to GBX 850 in a report released on Friday, MarketBeat.com reports. They currently have a hold rating on the real estate investment trust’s stock.

Other analysts also recently issued reports about the stock. Berenberg Bank increased their price target on shares of SEGRO from GBX 1,056 to GBX 1,067 and gave the company a “buy” rating in a research report on Monday, January 26th. JPMorgan Chase & Co. upped their target price on shares of SEGRO from GBX 885 to GBX 915 and gave the company an “overweight” rating in a research note on Wednesday, March 4th. Six equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, SEGRO has an average rating of “Moderate Buy” and a consensus target price of GBX 894.17.

SEGRO Trading Down 3.8%

LON SGRO opened at GBX 687.80 on Friday. SEGRO has a 12 month low of GBX 586.85 and a 12 month high of GBX 844.60. The stock has a 50-day simple moving average of GBX 765.40 and a 200 day simple moving average of GBX 714.51. The company has a current ratio of 0.56, a quick ratio of 0.62 and a debt-to-equity ratio of 41.02. The company has a market capitalization of £9.30 billion, a PE ratio of 14.95, a P/E/G ratio of 2.12 and a beta of 1.03.

SEGRO (LON:SGRO) last issued its earnings results on Monday, February 23rd. The real estate investment trust reported GBX 36.60 earnings per share (EPS) for the quarter. SEGRO had a return on equity of 3.51% and a net margin of 77.66%. Research analysts forecast that SEGRO will post 37.4077408 EPS for the current year.

SEGRO Company Profile

SEGRO is a UK Real Estate Investment Trust (REIT), and a leading owner, asset manager and developer of modern warehousing, industrial property and data centres across the UK and seven other European countries.