SEGRO’s (SGRO) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank reissued their buy rating on shares of SEGRO (LON:SGRO) in a report issued on Thursday morning,Digital Look reports. They currently have a GBX 995 target price on the real estate investment trust’s stock.

Other research analysts have also issued research reports about the company. Citigroup reissued a “buy” rating and issued a £104.30 target price on shares of SEGRO in a research report on Friday, June 26th. Jefferies Financial Group lifted their price target on SEGRO from GBX 855 to GBX 917 and gave the company a “hold” rating in a research report on Thursday, July 9th. Five equities 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.com, SEGRO currently has a consensus rating of “Moderate Buy” and an average target price of GBX 2,252.86.

SEGRO Stock Down 0.2%

Shares of SGRO stock opened at GBX 965 on Thursday. SEGRO has a 52 week low of GBX 603 and a 52 week high of GBX 997.40. The company has a market cap of £13.06 billion, a price-to-earnings ratio of 23.71, a price-to-earnings-growth ratio of 2.12 and a beta of 1.70. The firm has a 50 day moving average of GBX 825.34 and a 200-day moving average of GBX 764.64.

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