SEGRO (LON:SGRO) Given New GBX 850 Price Target at Deutsche Bank Aktiengesellschaft

SEGRO (LON:SGRO) had its target price hoisted by analysts at Deutsche Bank Aktiengesellschaft from GBX 800 to GBX 850 in a note issued to investors on Friday, MarketBeat Ratings reports. The firm currently has a “hold” rating on the real estate investment trust’s stock. Deutsche Bank Aktiengesellschaft’s price target points to a potential upside of 19.95% from the company’s previous close.

Several other equities analysts have also issued reports on SGRO. Berenberg Bank lifted their price target on SEGRO from GBX 1,056 to GBX 1,067 and gave the company a “buy” rating in a research note on Monday, January 26th. JPMorgan Chase & Co. lifted their target price on SEGRO from GBX 885 to GBX 915 and gave the company an “overweight” rating in a research report on Wednesday, March 4th. Six investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of GBX 894.17.

SEGRO Price Performance

Shares of SEGRO stock traded down GBX 6.20 on Friday, reaching GBX 708.60. 188,138,000 shares of the stock were exchanged, compared to its average volume of 30,978,865. 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 firm has a market cap of £9.59 billion, a PE ratio of 15.40, a P/E/G ratio of 2.12 and a beta of 1.03. The firm’s 50 day moving average is GBX 766.29 and its 200-day moving average is GBX 712.67. SEGRO has a one year low of GBX 586.85 and a one year high of GBX 844.60.

SEGRO (LON:SGRO) last announced 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 net margin of 77.66% and a return on equity of 3.51%. As a group, analysts anticipate that SEGRO will post 37.4077408 EPS for the current fiscal year.

About SEGRO

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.