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

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

A number of research firms recently commented on SEGXF. BNP Paribas lowered SEGRO to an “underperform” rating in a research note on Wednesday. Barclays lowered SEGRO from a “hold” rating to a “strong sell” rating in a research note on Monday, August 18th. Finally, The Goldman Sachs Group upgraded SEGRO from a “hold” rating to a “buy” rating in a report on Monday.

SEGRO Price Performance

OTCMKTS:SEGXF opened at $8.36 on Wednesday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 8.44 and a current ratio of 8.44. The stock’s 50-day moving average is $8.71 and its 200-day moving average is $8.87. SEGRO has a 1-year low of $7.64 and a 1-year high of $12.37.

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.