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

SEGRO (LON:SGRO) had its price objective boosted by Jefferies Financial Group from GBX 917 to GBX 1,000 in a research note released on Friday morning,Digital Look reports. The firm currently has a hold rating on the real estate investment trust’s stock.

SGRO has been the topic of several other reports. Citigroup restated a “buy” rating and set a £104.30 price target on shares of SEGRO in a research report on Friday, June 26th. Berenberg Bank reiterated a “buy” rating and issued a GBX 995 price objective on shares of SEGRO in a research report on Thursday. Five investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, SEGRO currently has an average rating of “Moderate Buy” and a consensus price target of GBX 2,252.86.

SEGRO Trading Down 0.2%

Shares of LON:SGRO opened at GBX 965 on Friday. The stock’s 50-day moving average price is GBX 825.34 and its 200-day moving average price is GBX 764.64. SEGRO has a 12-month low of GBX 603 and a 12-month high of GBX 997.40. The stock has a market capitalization of £13.06 billion, a P/E ratio of 23.71, a price-to-earnings-growth ratio of 2.12 and a beta of 1.70.

SEGRO (LON:SGRO) last released its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported GBX 19.30 EPS for the quarter. SEGRO had a return on equity of 2.46% and a net margin of 40.00%. As a group, research analysts predict that SEGRO will post 37.4077408 EPS for the current 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.