SEGRO (OTCMKTS:SEGXF) Downgraded to “Hold” Rating by Barclays

Barclays cut shares of SEGRO (OTCMKTS:SEGXF) from a strong-buy rating to a hold rating in a research report released on Wednesday,Zacks.com reports.

SEGRO Price Performance

SEGRO stock opened at $10.21 on Wednesday. SEGRO has a 52 week low of $9.33 and a 52 week high of $12.49. The company’s 50 day moving average price is $10.73 and its two-hundred day moving average price is $11.31.

About SEGRO

SEGRO is a UK Real Estate Investment Trust (REIT), listed on the London Stock Exchange and Euronext Paris, and is a leading owner, manager and developer of modern warehouses and industrial property. It owns or manages 10.8 million square metres of space (116 million square feet) valued at £20.6 billion serving customers from a wide range of industry sectors.