SEGRO (OTCMKTS:SEGXF) Given Consensus Rating of “Hold” by Brokerages

Shares of SEGRO (OTCMKTS:SEGXF) have received an average rating of “Hold” from the six research firms that are presently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating, one has issued a buy rating and one has issued a strong buy rating on the company.

SEGXF has been the topic of several research reports. Barclays downgraded SEGRO from a “hold” rating to a “strong sell” rating in a research report on Monday, August 18th. BNP Paribas lowered SEGRO to an “underperform” rating in a report on Wednesday, September 10th. Finally, The Goldman Sachs Group raised SEGRO from a “hold” rating to a “buy” rating in a report on Monday, September 8th.

SEGRO Stock Performance

Shares of SEGRO stock opened at $9.80 on Thursday. The firm’s 50 day simple moving average is $8.85 and its two-hundred day simple moving average is $8.94. SEGRO has a 12-month low of $7.64 and a 12-month high of $10.44.

SEGRO Company Profile

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.