SEGRO (LON:SGRO - Get Free Report) had its price target lowered by equities researchers at Citigroup from GBX 1,102 ($14.63) to GBX 1,053 ($13.98) in a research report issued on Wednesday, MarketBeat reports. The brokerage currently has a "buy" rating on the real estate investment trust's stock. Citigroup's price target indicates a potential upside of 66.98% from the company's current price.
Other equities analysts also recently issued research reports about the company. JPMorgan Chase & Co. reaffirmed an "overweight" rating and issued a GBX 885 ($11.75) target price on shares of SEGRO in a research report on Monday, July 7th. Shore Capital restated a "buy" rating on shares of SEGRO in a research report on Wednesday, April 30th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of GBX 993.25 ($13.18).
Get Our Latest Stock Analysis on SEGRO
SEGRO Price Performance
LON SGRO traded down GBX 16.80 ($0.22) during trading on Wednesday, reaching GBX 630.60 ($8.37). 6,285,462 shares of the company traded hands, compared to its average volume of 7,616,630. The company has a debt-to-equity ratio of 42.10, a quick ratio of 0.62 and a current ratio of 1.30. The stock's 50 day moving average price is GBX 674.88 and its two-hundred day moving average price is GBX 684.29. The company has a market cap of £8.47 billion, a price-to-earnings ratio of -817.98, a P/E/G ratio of 2.12 and a beta of 0.79. SEGRO has a 1-year low of GBX 586.85 ($7.79) and a 1-year high of GBX 944 ($12.53).
SEGRO (LON:SGRO - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported GBX 18.10 ($0.24) earnings per share for the quarter. SEGRO had a negative net margin of 1.36% and a negative return on equity of 0.09%. As a group, analysts anticipate that SEGRO will post 37.4077408 EPS for the current year.
SEGRO Company Profile
(
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SEGRO is a UK Real Estate Investment Trust (REIT), and a leading owner, asset manager and developer of modern warehousing and industrial property.
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