JPMorgan Chase & Co. reaffirmed their overweight rating on shares of SEGRO (LON:SGRO - Free Report) in a research note released on Friday morning, Marketbeat.com reports.
A number of other research analysts have also commented on SGRO. Shore Capital reissued a "buy" rating on shares of SEGRO in a report on Thursday, July 31st. Citigroup reduced their price objective on SEGRO from GBX 1,102 ($14.65) to GBX 1,053 ($14.00) and set a "buy" rating for the company in a research report on Wednesday, July 30th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of GBX 930 ($12.36).
Check Out Our Latest Stock Report on SEGRO
SEGRO Price Performance
SGRO stock traded up GBX 6 ($0.08) during trading hours on Friday, hitting GBX 649.20 ($8.63). 13,168,136 shares of the stock traded hands, compared to its average volume of 7,620,446. SEGRO has a one year low of GBX 586.85 ($7.80) and a one year high of GBX 913.40 ($12.14). The company has a market cap of £8.72 billion, a P/E ratio of -842.11, a P/E/G ratio of 2.12 and a beta of 0.79. The company has a current ratio of 1.30, a quick ratio of 0.62 and a debt-to-equity ratio of 42.10. The stock has a 50-day simple moving average of GBX 674.66 and a 200 day simple moving average of GBX 683.46.
SEGRO (LON:SGRO - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The real estate investment trust reported GBX 18.10 ($0.24) earnings per share (EPS) for the quarter. SEGRO had a negative return on equity of 0.09% and a negative net margin of 1.36%. Equities analysts forecast that SEGRO will post 37.4077408 earnings per share 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 and industrial property.
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