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

SEGRO Plc (OTCMKTS:SEGXF) has been given an average rating of “Hold” by the eleven brokerages that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the company.

A number of analysts have recently commented on SEGXF shares. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of SEGRO in a research note on Monday, February 22nd. Royal Bank of Canada restated an “underperform” rating on shares of SEGRO in a research report on Thursday, February 25th. Barclays reaffirmed an “overweight” rating on shares of SEGRO in a report on Wednesday, February 24th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of SEGRO in a report on Tuesday, April 20th. Finally, Cheuvreux started coverage on shares of SEGRO in a report on Wednesday. They issued a “buy” rating for the company.

OTCMKTS:SEGXF traded down $0.91 during mid-day trading on Friday, hitting $14.26. The company’s stock had a trading volume of 112 shares, compared to its average volume of 27,816. The business’s fifty day moving average price is $13.93. SEGRO has a 1 year low of $10.25 and a 1 year high of $15.91.

SEGRO Company Profile

SEGRO is a UK Real Estate Investment Trust (REIT), and a leading owner, manager and developer of modern warehouses and light industrial property. It owns or manages 8.1 million square metres of space (88 million square feet) valued at £13.3 billion serving customers from a wide range of industry sectors.

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Analyst Recommendations for SEGRO (OTCMKTS:SEGXF)

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