Shares of SEGRO (OTCMKTS:SEGXF – Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $11.16, but opened at $12.58. SEGRO shares last traded at $12.58, with a volume of 135 shares traded.
Wall Street Analysts Forecast Growth
SEGXF has been the topic of a number of research analyst reports. UBS Group lowered shares of SEGRO from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 4th. Zacks Research raised SEGRO to a “hold” rating in a research note on Wednesday, March 11th. BNP Paribas Exane began coverage on SEGRO in a research report on Wednesday. They set a “neutral” rating on the stock. Finally, The Goldman Sachs Group raised SEGRO from a “buy” rating to a “buy” rating in a research note on Monday, June 1st. Two equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold”.
View Our Latest Analysis on SEGXF
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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