SEGRO (LON:SGRO) Price Target Raised to GBX 700

SEGRO (LON:SGROFree Report) had its price target hoisted by Jefferies Financial Group from GBX 677 to GBX 700 in a research report sent to investors on Tuesday, MarketBeat Ratings reports. The firm currently has a buy rating on the real estate investment trust’s stock.

A number of other research analysts have also issued reports on the stock. JPMorgan Chase & Co. restated an “overweight” rating on shares of SEGRO in a report on Thursday, October 9th. UBS Group reaffirmed a “buy” rating and set a GBX 780 price objective on shares of SEGRO in a research note on Friday, October 17th. Shore Capital reaffirmed a “buy” rating on shares of SEGRO in a research note on Tuesday, October 21st. Finally, Citigroup dropped their price objective on shares of SEGRO from GBX 1,102 to GBX 1,053 and set a “buy” rating for the company in a research note on Wednesday, July 30th. Five research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, SEGRO presently has an average rating of “Buy” and a consensus price target of GBX 854.50.

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SEGRO Price Performance

LON:SGRO opened at GBX 703.80 on Tuesday. The firm has a market cap of £9.52 billion, a price-to-earnings ratio of 15.30, a price-to-earnings-growth ratio of 2.12 and a beta of 0.79. The company has a current ratio of 1.30, a quick ratio of 0.62 and a debt-to-equity ratio of 42.10. The company’s 50-day moving average is GBX 654.02 and its two-hundred day moving average is GBX 664.87. SEGRO has a 12-month low of GBX 586.85 and a 12-month high of GBX 808.60.

SEGRO (LON:SGROGet Free Report) last released its earnings results on Thursday, July 31st. The real estate investment trust reported GBX 18.10 earnings per share (EPS) for the quarter. SEGRO had a negative net margin of 1.36% and a negative return on equity of 0.09%. Research analysts expect that SEGRO will post 37.4077408 EPS for the current year.

SEGRO Company Profile

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

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Analyst Recommendations for SEGRO (LON:SGRO)

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