Zacks Investment Research upgraded shares of Segro Plc (NASDAQ:SEGXF) from a hold rating to a buy rating in a report released on Wednesday morning. They currently have $7.75 price objective on the stock.

According to Zacks, “SEGRO plc is a real estate investment trust. The company is an owner, manager and developer of warehouses and light industrial property. It operates primarily in UK and Europe. SEGRO plc is headquatered in London, United Kingdom. “

Shares of Segro Plc (NASDAQ:SEGXF) remained flat at $7.12 during trading on Wednesday. 1,861 shares of the stock traded hands. The company has a 50-day moving average price of $7.08 and a 200 day moving average price of $6.43. Segro Plc has a 12-month low of $5.00 and a 12-month high of $7.12. The stock has a market capitalization of $6.65 billion and a price-to-earnings ratio of 7.57.

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