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

SEGRO (LON:SGRO)‘s stock had its “buy” rating reaffirmed by equities research analysts at Berenberg Bank in a report issued on Thursday,Digital Look reports. They currently have a GBX 995 price objective on the real estate investment trust’s stock. Berenberg Bank’s price target suggests a potential upside of 2.62% from the company’s current price.

SGRO has been the topic of several other reports. Citigroup reaffirmed a “buy” rating and issued a £104.30 price objective on shares of SEGRO in a research report on Friday, June 26th. Jefferies Financial Group increased their target price on SEGRO from GBX 855 to GBX 917 and gave the stock a “hold” rating in a report on Thursday, July 9th. Five equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, SEGRO currently has a consensus rating of “Moderate Buy” and an average target price of GBX 2,241.

SEGRO Stock Down 0.2%

SEGRO stock opened at GBX 969.60 on Thursday. The stock has a market capitalization of £13.12 billion, a PE ratio of 23.82, a price-to-earnings-growth ratio of 2.12 and a beta of 1.14. SEGRO has a twelve month low of GBX 603 and a twelve month high of GBX 997.40. The company has a quick ratio of 0.62, a current ratio of 0.56 and a debt-to-equity ratio of 41.02. The company has a 50 day moving average of GBX 815.25 and a 200-day moving average of GBX 761.57.

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.