SEGRO (LON:SGRO) Price Target Raised to GBX 1,067

SEGRO (LON:SGRO) had its target price upped by Berenberg Bank from GBX 1,056 to GBX 1,067 in a research report sent to investors on Monday morning, MarketBeat.com reports. They currently have a buy rating on the real estate investment trust’s stock.

SGRO has been the subject of several other research reports. Jefferies Financial Group upped their price target on shares of SEGRO from GBX 677 to GBX 700 and gave the company a “buy” rating in a report on Tuesday, October 28th. UBS Group reaffirmed a “buy” rating and issued a GBX 780 target price on shares of SEGRO in a research note on Friday, October 17th. Shore Capital reissued a “buy” rating on shares of SEGRO in a research note on Tuesday, October 21st. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of SEGRO in a research report on Thursday, October 9th. Six equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of GBX 897.

SEGRO Trading Up 1.0%

LON SGRO opened at GBX 758.95 on Monday. The firm has a market cap of £10.27 billion, a P/E ratio of 16.50, a P/E/G ratio of 2.12 and a beta of 0.79. The company has a debt-to-equity ratio of 42.10, a current ratio of 1.30 and a quick ratio of 0.62. The stock’s 50-day moving average is GBX 715.59 and its 200-day moving average is GBX 679.84. SEGRO has a one year low of GBX 586.85 and a one year high of GBX 763.60.

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.