SEGRO (OTCMKTS:SEGXF) Receives Consensus Recommendation of “Hold” from Analysts

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

Several brokerages recently weighed in on SEGXF. The Goldman Sachs Group upgraded SEGRO from a “hold” rating to a “buy” rating in a research report on Monday, September 8th. BNP Paribas downgraded SEGRO to an “underperform” rating in a research report on Wednesday, September 10th. Finally, Barclays downgraded SEGRO from a “hold” rating to a “strong sell” rating in a research report on Monday, August 18th.

SEGRO Price Performance

SEGXF opened at $8.94 on Friday. SEGRO has a 52-week low of $7.64 and a 52-week high of $11.85. The business’s fifty day moving average is $8.63 and its 200-day moving average is $8.87.

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.