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

SEGRO (OTCMKTS:SEGXF) has received a consensus rating of “Hold” from the seven ratings firms that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, four have issued a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company.

Several analysts have commented on SEGXF shares. The Goldman Sachs Group upgraded shares of SEGRO from a “buy” rating to a “buy” rating in a 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. Kepler Capital Markets raised SEGRO from a “hold” rating to a “strong-buy” rating in a research report on Friday. Finally, BNP Paribas Exane assumed coverage on SEGRO in a research note on Wednesday, July 1st. They issued a “neutral” rating for the company.

SEGRO Stock Performance

Shares of SEGXF opened at $12.08 on Monday. SEGRO has a 1-year low of $8.18 and a 1-year high of $12.58. The company has a quick ratio of 0.50, a current ratio of 0.50 and a debt-to-equity ratio of 0.36. The firm’s 50-day moving average price is $10.45 and its 200-day moving average price is $10.08.

SEGRO Company Profile

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.