SEGRO (LON:SGRO) Price Target Raised to GBX 1,000 at Jefferies Financial Group

SEGRO (LON:SGRO – Get Free Report) had its price target upped by research analysts at Jefferies Financial Group from GBX 917 to GBX 1,000 in a research note issued on Friday,Digital Look reports. The brokerage presently has a “hold” rating on the real estate investment trust’s stock. Jefferies Financial Group’s target price would indicate a potential upside of 2.94% from the company’s current price.

Several other research firms have also commented on SGRO. Citigroup reaffirmed a “buy” rating and set a £104.30 price target on shares of SEGRO in a research report on Friday, June 26th. Berenberg Bank restated a “buy” rating and set a GBX 995 target price on shares of SEGRO in a research report on Thursday. Five research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, SEGRO has a consensus rating of “Moderate Buy” and a consensus target price of GBX 2,252.86.

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SEGRO Stock Up 0.5%

SEGRO stock opened at GBX 971.40 on Friday. The stock has a market cap of £13.14 billion, a PE ratio of 23.87, a price-to-earnings-growth ratio of 2.12 and a beta of 1.14. The company has a debt-to-equity ratio of 41.02, a quick ratio of 0.62 and a current ratio of 0.56. SEGRO has a one year low of GBX 603 and a one year high of GBX 997.40. The stock has a fifty day moving average of GBX 820.36 and a 200 day moving average of GBX 763.23.

SEGRO (LON:SGRO – Get Free Report) last posted its earnings results on Thursday, July 30th. The real estate investment trust reported GBX 19.30 earnings per share for the quarter. SEGRO had a return on equity of 3.51% and a net margin of 77.66%. As a group, sell-side analysts predict that SEGRO will post 37.4077408 EPS for the current year.

About SEGRO

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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.

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