SEGRO (OTCMKTS:SEGXF – Get Free Report) has been given an average rating of “Reduce” by the six analysts that are presently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company.
SEGXF has been the topic of several research analyst reports. UBS Group cut SEGRO from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 4th. Zacks Research raised SEGRO to a “hold” rating in a report on Wednesday, March 11th. Finally, The Goldman Sachs Group cut SEGRO from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 26th.
Check Out Our Latest Stock Report on SEGRO
SEGRO Price Performance
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.
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