SEGRO (OTCMKTS:SEGXF) Receives Average Rating of “Hold” from Analysts

by · The Markets Daily

Shares of SEGRO (OTCMKTS:SEGXF – Get Free Report) have received a consensus recommendation of “Hold” from the eight ratings firms that are covering the company, Marketbeat Ratings reports. Six research analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating on the company.

Several research analysts recently issued reports on the company. Berenberg Bank cut SEGRO from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 18th. Jefferies Financial Group lowered shares of SEGRO from a “buy” rating to a “hold” rating in a research report on Thursday, July 9th. Kepler Capital Markets upgraded shares of SEGRO from a “hold” rating to a “strong-buy” rating in a report on Friday, July 17th. BNP Paribas Exane started coverage on shares of SEGRO in a research note on Wednesday, July 1st. They issued a “neutral” rating for the company. Finally, Barclays raised shares of SEGRO from a “strong sell” rating to a “hold” rating in a research report on Monday, August 24th.

Check Out Our Latest Stock Report on SEGRO

SEGRO Stock Up 2.2%

Shares of SEGXF opened at $12.73 on Tuesday. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.50 and a quick ratio of 0.50. The stock has a 50 day moving average price of $12.54 and a two-hundred day moving average price of $10.83. SEGRO has a 52 week low of $8.20 and a 52 week high of $13.30.

SEGRO Company Profile

(Get Free Report)

SEGRO plc is a United Kingdom-based real estate investment trust that owns, develops and manages modern warehouse and industrial properties. Its portfolio is focused on logistics facilities, urban warehouses, data centers and other properties that support supply chains, e-commerce and essential business operations.

The company serves a range of customers, including retailers, manufacturers, logistics providers and data-driven businesses. Its properties are located primarily in the United Kingdom and continental Europe, with a focus on major cities, transportation hubs and strategically important industrial markets.

SEGRO traces its origins to 1920, when it was established as the Slough Trading Company to develop and manage industrial space at Slough Trading Estate.

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