Deutsche Bank Aktiengesellschaft Issues Positive Forecast for SEGRO (LON:SGRO) Stock Price

SEGRO (LON:SGRO) had its price objective raised by Deutsche Bank Aktiengesellschaft from GBX 800 to GBX 850 in a research report report published on Friday morning, MarketBeat reports. The brokerage currently has a hold rating on the real estate investment trust’s stock.

Several other equities research analysts also recently commented on the stock. Berenberg Bank upped their price objective on shares of SEGRO from GBX 1,056 to GBX 1,067 and gave the company a “buy” rating in a report on Monday, January 26th. JPMorgan Chase & Co. lifted their target price on shares of SEGRO from GBX 885 to GBX 915 and gave the stock an “overweight” rating in a research note on Wednesday, March 4th. Six investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of GBX 894.17.

SEGRO Stock Performance

Shares of SGRO stock opened at GBX 687.80 on Friday. The firm has a market capitalization of £9.30 billion, a price-to-earnings ratio of 14.95, a PEG ratio of 2.12 and a beta of 1.03. The business’s 50-day moving average price is GBX 765.40 and its 200-day moving average price is GBX 713.08. The company has a current ratio of 0.56, a quick ratio of 0.62 and a debt-to-equity ratio of 41.02. SEGRO has a 12 month low of GBX 586.85 and a 12 month high of GBX 844.60.

SEGRO (LON:SGRO) last issued its quarterly earnings results on Monday, February 23rd. The real estate investment trust reported GBX 36.60 EPS for the quarter. SEGRO had a return on equity of 3.51% and a net margin of 77.66%. Equities research analysts forecast that SEGRO will post 37.4077408 EPS for the current year.

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.