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

Shares of SEGRO (OTCMKTS:SEGXF) have earned a consensus recommendation of “Hold” from the six analysts that are currently covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, two have issued a hold recommendation, one has issued a buy recommendation and one has assigned a strong buy recommendation to the company.

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

SEGRO Trading Down 0.3%

Shares of SEGXF opened at $9.10 on Friday. SEGRO has a 52 week low of $7.64 and a 52 week high of $11.85. The firm’s 50-day simple moving average is $8.65 and its 200 day simple moving average is $8.87.

About SEGRO

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.