SEGRO's (SGRO) "Overweight" Rating Reiterated at JPMorgan Chase & Co.

SEGRO (LON:SGRO - Get Free Report)'s stock had its "overweight" rating reissued by equities research analysts at JPMorgan Chase & Co. in a research report issued on Monday, MarketBeat Ratings reports. They currently have a GBX 885 ($12.05) price objective on the real estate investment trust's stock. JPMorgan Chase & Co.'s price objective would suggest a potential upside of 32.56% from the stock's previous close.

Separately, Shore Capital reiterated a "buy" rating on shares of SEGRO in a research note on Wednesday, April 30th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 962.50 ($13.10).

SEGRO Stock Performance

Shares of LON:SGRO traded down GBX 1.60 ($0.02) during midday trading on Monday, reaching GBX 667.60 ($9.09). 1,007,083 shares of the company traded hands, compared to its average volume of 8,351,645. The company has a quick ratio of 0.62, a current ratio of 1.30 and a debt-to-equity ratio of 42.10. SEGRO has a 12 month low of GBX 586.85 ($7.99) and a 12 month high of GBX 949 ($12.92). The firm has a market capitalization of £8.97 billion, a price-to-earnings ratio of -865.97, a price-to-earnings-growth ratio of 2.12 and a beta of 0.79. The firm's fifty day moving average price is GBX 681.88 and its two-hundred day moving average price is GBX 688.80.

SEGRO Company Profile

SEGRO is a UK Real Estate Investment Trust (REIT), and a leading owner, asset manager and developer of modern warehousing and industrial property.