SEGRO (LON:SGRO – Get Rating)‘s stock had its “overweight” rating reissued by equities research analysts at Barclays in a research report issued to clients and investors on Tuesday, Marketbeat reports. They currently have a GBX 1,545 ($20.10) target price on the real estate investment trust’s stock. Barclays‘s price target points to a potential upside of 13.64% from the company’s previous close.
SGRO has been the subject of a number of other reports. Berenberg Bank reiterated a “buy” rating and set a GBX 1,560 ($20.30) target price on shares of SEGRO in a research report on Wednesday, March 23rd. Peel Hunt reiterated a “hold” rating and set a GBX 1,250 ($16.26) target price on shares of SEGRO in a research report on Friday, February 11th. Royal Bank of Canada reiterated a “sector perform” rating and set a GBX 1,325 ($17.24) target price on shares of SEGRO in a research report on Tuesday, April 12th. Citigroup reiterated a “buy” rating and set a GBX 1,725 ($22.44) target price on shares of SEGRO in a research report on Monday, February 7th. Finally, JPMorgan Chase & Co. reiterated an “overweight” rating on shares of SEGRO in a research report on Wednesday, April 6th. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, SEGRO has an average rating of “Buy” and a consensus price target of GBX 1,402.91 ($18.25).
Shares of SGRO opened at GBX 1,359.50 ($17.69) on Tuesday. The company has a debt-to-equity ratio of 26.33, a current ratio of 0.68 and a quick ratio of 0.55. SEGRO has a 1 year low of GBX 980.60 ($12.76) and a 1 year high of GBX 1,508 ($19.62). The company has a 50 day simple moving average of GBX 1,307.84 and a two-hundred day simple moving average of GBX 1,319.83. The firm has a market cap of £16.35 billion and a P/E ratio of 4.03.
SEGRO is a UK Real Estate Investment Trust (REIT), and a leading owner, manager and developer of modern warehouses and light industrial property. It owns or manages 8.1 million square metres of space (88 million square feet) valued at Â£13.3 billion serving customers from a wide range of industry sectors.
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