SEGRO (OTCMKTS:SEGXF) Stock Rating Upgraded by Kepler Capital Markets

SEGRO (OTCMKTS:SEGXF) was upgraded by Kepler Capital Markets from a “hold” rating to a “strong-buy” rating in a note issued to investors on Friday,Zacks.com reports.

A number of other research analysts have also commented on the stock. The Goldman Sachs Group upgraded shares of SEGRO from a “buy” rating to a “buy” rating in a research note on Monday, June 1st. Jefferies Financial Group downgraded shares of SEGRO from a “buy” rating to a “hold” rating in a research note on Thursday, July 9th. Finally, BNP Paribas Exane initiated coverage on SEGRO in a report on Wednesday, July 1st. They set a “neutral” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold”.

SEGRO Trading Up 3.0%

SEGXF opened at $12.08 on Friday. The company has a fifty day moving average of $10.45 and a two-hundred day moving average of $10.08. SEGRO has a fifty-two week low of $8.18 and a fifty-two week high of $12.58. The company has a quick ratio of 0.50, a current ratio of 0.50 and a debt-to-equity ratio of 0.36.

About SEGRO

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.