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

Shares of SEGRO (OTCMKTS:SEGXF) have been assigned an average recommendation of “Hold” from the six research firms that are presently covering the firm, 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 given a strong buy rating to the company.

Several equities research analysts have recently commented on the stock. The Goldman Sachs Group raised shares of SEGRO from a “hold” rating to a “buy” rating in a research report on Monday, September 8th. Barclays lowered shares of SEGRO from a “hold” rating to a “strong sell” rating in a report on Monday, August 18th. Finally, BNP Paribas lowered shares of SEGRO to an “underperform” rating in a report on Wednesday, September 10th.

SEGRO Trading Up 1.0%

Shares of SEGXF opened at $9.68 on Thursday. The business’s 50-day moving average price is $8.88 and its 200-day moving average price is $8.95. SEGRO has a twelve month low of $7.64 and a twelve month high of $10.44.

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.