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

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

A number of equities research analysts have recently commented on the company. The Goldman Sachs Group raised SEGRO from a “hold” rating to a “buy” rating in a research note on Monday, September 8th. Barclays downgraded 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 research note on Wednesday, September 10th.

SEGRO Price Performance

OTCMKTS:SEGXF opened at $9.49 on Monday. The company’s 50-day simple moving average is $9.23 and its 200 day simple moving average is $9.04. SEGRO has a one year low of $7.64 and a one year high of $10.21.

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.