SEGRO (LON:SGRO) Given New GBX 915 Price Target at Berenberg Bank

SEGRO (LON:SGRO) had its target price trimmed by Berenberg Bank from GBX 1,067 to GBX 915 in a research report released on Tuesday,London Stock Exchange reports. The brokerage currently has a buy rating on the real estate investment trust’s stock.

Several other equities analysts have also recently issued reports on the company. JPMorgan Chase & Co. lifted their price objective on SEGRO from GBX 885 to GBX 915 and gave the stock an “overweight” rating in a report on Wednesday, March 4th. Deutsche Bank Aktiengesellschaft upped their target price on SEGRO from GBX 800 to GBX 850 and gave the company a “hold” rating in a report on Friday, March 20th. Finally, The Goldman Sachs Group dropped their price target on SEGRO from GBX 890 to GBX 800 and set a “neutral” rating for the company in a research report on Monday. Six analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of GBX 859.

SEGRO Trading Up 0.7%

LON:SGRO opened at GBX 648.30 on Tuesday. SEGRO has a 1 year low of GBX 586.85 and a 1 year high of GBX 844.60. The company has a debt-to-equity ratio of 41.02, a quick ratio of 0.62 and a current ratio of 0.56. The stock has a fifty day moving average price of GBX 754.85 and a two-hundred day moving average price of GBX 716.64. The stock has a market capitalization of £8.77 billion, a price-to-earnings ratio of 14.09, a PEG ratio of 2.12 and a beta of 1.03.

SEGRO (LON:SGRO) last released its quarterly earnings data on Monday, February 23rd. The real estate investment trust reported GBX 36.60 EPS for the quarter. SEGRO had a net margin of 77.66% and a return on equity of 3.51%. As a group, sell-side analysts anticipate that SEGRO will post 37.4077408 earnings per share for the current fiscal 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.