SEGRO (OTCMKTS:SEGXF) Receives Average Rating of “Hold” from Analysts

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

Separately, Jefferies Financial Group upgraded shares of SEGRO from a “hold” rating to a “buy” rating in a report on Monday, January 26th.

SEGRO Price Performance

Shares of SEGRO stock opened at $11.07 on Friday. The company’s fifty day simple moving average is $10.09 and its two-hundred day simple moving average is $9.44. SEGRO has a 12-month low of $7.64 and a 12-month high of $11.54.

SEGRO Company Profile

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.