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

SEGRO (OTCMKTS:SEGXF) has been assigned an average rating of “Hold” from the six ratings firms that are presently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company.

A number of research analysts have recently commented on the company. UBS Group lowered SEGRO from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 4th. Zacks Research upgraded SEGRO to a “hold” rating in a research note on Wednesday, March 11th. Finally, The Goldman Sachs Group upgraded SEGRO from a “buy” rating to a “buy” rating in a research note on Monday.

SEGRO Price Performance

Shares of SEGXF stock opened at $10.01 on Friday. SEGRO has a 12 month low of $8.18 and a 12 month high of $11.54. The stock has a 50 day moving average of $9.45 and a 200-day moving average of $9.77. The company has a current ratio of 0.50, a quick ratio of 0.50 and a debt-to-equity ratio of 0.36.

SEGRO Company Profile

SEGRO PLC (OTCMKTS:SEGXF) is a leading real estate investment trust specializing in the ownership, development and management of modern warehousing, light industrial and urban logistics properties. As a FTSE 100 company, SEGRO’s portfolio encompasses a broad range of distribution centres, last-mile facilities and multi-let industrial estates designed to support high-growth sectors such as e-commerce, retail and manufacturing.

The company traces its origins to the Slough Trading Company, established in 1920, and underwent a major rebranding in 2009 to become SEGRO, reflecting its pan-European ambitions.