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

SEGRO (OTCMKTS:SEGXF) has been given an average rating of “Hold” by the six brokerages that are covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation, one has assigned a buy recommendation and one has given a strong buy recommendation to the company.

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

SEGRO Stock Up 0.3%

Shares of SEGXF stock opened at $8.94 on Friday. The company has a 50 day moving average price of $8.63 and a 200 day moving average price of $8.87. SEGRO has a one year low of $7.64 and a one year high of $11.85.

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.