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

Shares of SEGRO Plc (OTCMKTS:SEGXFGet Rating) have been assigned an average recommendation of “Hold” from the nine research firms that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $1,025.00.

SEGXF has been the topic of several recent research reports. Citigroup downgraded shares of SEGRO from a “buy” rating to a “neutral” rating in a research note on Tuesday, February 14th. Berenberg Bank increased their price objective on shares of SEGRO from GBX 1,040 ($13.12) to GBX 1,100 ($13.88) in a research report on Thursday, February 23rd. JPMorgan Chase & Co. increased their price objective on shares of SEGRO from GBX 960 ($12.11) to GBX 1,000 ($12.62) in a research report on Tuesday, February 21st. Barclays downgraded shares of SEGRO from an “overweight” rating to an “equal weight” rating in a research report on Friday, March 10th. Finally, Royal Bank of Canada increased their price objective on shares of SEGRO from GBX 925 ($11.67) to GBX 975 ($12.30) in a research report on Tuesday, February 21st.

SEGRO Trading Down 0.9 %

Shares of OTCMKTS SEGXF opened at $10.04 on Friday. SEGRO has a 12-month low of $7.64 and a 12-month high of $14.23. The company has a quick ratio of 6.49, a current ratio of 6.49 and a debt-to-equity ratio of 0.43. The company has a 50-day moving average of $9.59 and a 200 day moving average of $9.73.

About SEGRO

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SEGRO Plc is a real estate investment trust, which owns, manages, and develops modern warehouses and light industrial properties. The firm offers big box, third party logistics and transport companies, manufacturers, data center operators, and wholesalers. The company was founded by Percival Perry and Noel Mobbs in 1920 and is headquartered in London, the United Kingdom.

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Analyst Recommendations for SEGRO (OTCMKTS:SEGXF)

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