SEGRO (OTCMKTS:SEGXF) Receives Average Recommendation of “Hold” from Brokerages

SEGRO (OTCMKTS:SEGXF – Get Free Report) has been given an average rating of “Hold” by the seven research firms that are currently covering the firm, MarketBeat.com reports. Five analysts have rated the stock with a hold recommendation, one has given a buy recommendation and one has given a strong buy recommendation to the company.

A number of brokerages recently weighed in on SEGXF. Kepler Capital Markets raised SEGRO from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 17th. The Goldman Sachs Group raised SEGRO from a “buy” rating to a “buy” rating in a research report on Monday, June 1st. Jefferies Financial Group downgraded SEGRO from a “buy” rating to a “hold” rating in a report on Thursday, July 9th. BNP Paribas Exane initiated coverage on shares of SEGRO in a research report on Wednesday, July 1st. They issued a “neutral” rating on the stock. Finally, Berenberg Bank cut shares of SEGRO from a “strong-buy” rating to a “hold” rating in a research note on Tuesday.

Get SEGRO alerts:

Get Our Latest Research Report on SEGRO

SEGRO Trading Up 0.3%

Shares of OTCMKTS:SEGXF opened at $12.79 on Friday. The business has a 50-day moving average of $11.86 and a two-hundred day moving average of $10.56. SEGRO has a fifty-two week low of $8.18 and a fifty-two week high of $13.21. The company has a quick ratio of 0.50, a current ratio of 0.50 and a debt-to-equity ratio of 0.36.

SEGRO Company Profile

(Get Free Report)

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.

Featured Stories

• Five stocks we like better than SEGRO
• 3 Energy Stocks Raising Dividends as the Sector Surges
• 5 Reasons the S&P 500 Could Keep Rallying Through Year-End
• Walmart’s Post-Earnings Drop Could Be a Buying Opportunity
• The Trade Desk’s Earnings Miss Raises a Bigger Question About Its AI Future

Receive News & Ratings for SEGRO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SEGRO and related companies with MarketBeat.com's FREE daily email newsletter.