SEGRO (LON:SGRO) Price Target Raised to GBX 917

SEGRO (LON:SGRO) had its price target lifted by equities research analysts at Jefferies Financial Group from GBX 855 to GBX 917 in a research report issued to clients and investors on Thursday,Digital Look reports. The firm currently has a “hold” rating on the real estate investment trust’s stock. Jefferies Financial Group’s target price points to a potential upside of 6.68% from the company’s previous close.

Several other analysts have also recently issued reports on the company. Citigroup reaffirmed a “buy” rating and set a £104.30 price objective on shares of SEGRO in a report on Friday, June 26th. Berenberg Bank restated a “buy” rating and issued a GBX 915 price target on shares of SEGRO in a research report on Friday, April 17th. Deutsche Bank Aktiengesellschaft upped their price target on shares of SEGRO from GBX 800 to GBX 850 and gave the company a “hold” rating in a research note on Friday, March 20th. Finally, The Goldman Sachs Group lowered their price objective on shares of SEGRO from GBX 890 to GBX 800 and set a “neutral” rating for the company in a research report on Monday, March 30th. Five equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,229.57.

SEGRO Price Performance

Shares of SEGRO stock opened at GBX 859.60 on Thursday. The firm has a market cap of £11.63 billion, a PE ratio of 21.12, a PEG ratio of 2.12 and a beta of 1.14. The stock has a 50 day moving average of GBX 751.38 and a 200 day moving average of GBX 741.07. The company has a current ratio of 0.56, a quick ratio of 0.62 and a debt-to-equity ratio of 41.02. SEGRO has a 12 month low of GBX 603 and a 12 month high of GBX 893.60.

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.