SEGRO (LON:SGRO) Price Target Raised to GBX 915

SEGRO (LON:SGRO) had its target price hoisted by JPMorgan Chase & Co. from GBX 885 to GBX 915 in a research note released on Wednesday morning, MarketBeat reports. The brokerage currently has an overweight rating on the real estate investment trust’s stock.

Separately, Berenberg Bank boosted their price objective on shares of SEGRO from GBX 1,056 to GBX 1,067 and gave the company a “buy” rating in a research report on Monday, January 26th. Six analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of GBX 903.

SEGRO Price Performance

Shares of LON:SGRO opened at GBX 757.80 on Wednesday. The company has a debt-to-equity ratio of 40.34, a current ratio of 0.56 and a quick ratio of 0.62. The company’s fifty day moving average price is GBX 763.34 and its 200-day moving average price is GBX 706.23. SEGRO has a one year low of GBX 586.85 and a one year high of GBX 844.60. The firm has a market capitalization of £10.25 billion, a price-to-earnings ratio of 16.47, a PEG ratio of 2.12 and a beta of 1.03.

SEGRO (LON:SGRO) last posted its quarterly earnings data on Monday, February 23rd. The real estate investment trust reported GBX 36.60 earnings per share (EPS) for the quarter. SEGRO had a return on equity of 3.51% and a net margin of 77.66%. On average, equities research 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.