SEGRO (OTCMKTS:SEGXF) Receives Consensus Recommendation of “Hold” from Analysts

Shares of SEGRO (OTCMKTS:SEGXF – Get Free Report) have earned an average rating of “Hold” from the six brokerages that are covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating on the company.

A number of research analysts have recently commented on the company. Zacks Research raised SEGRO to a “hold” rating in a research note on Wednesday, March 11th. The Goldman Sachs Group upgraded SEGRO from a “buy” rating to a “buy” rating in a report on Monday, June 1st. Finally, UBS Group downgraded SEGRO from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 4th.

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SEGRO Stock Up 10.7%

SEGRO stock opened at $11.48 on Thursday. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.50 and a quick ratio of 0.50. SEGRO has a 1-year low of $8.18 and a 1-year high of $11.60. The company’s 50-day moving average is $9.77 and its 200 day moving average is $9.83.

About SEGRO

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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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