SEGRO (OTCMKTS:SEGXF) Upgraded at Kepler Capital Markets

Kepler Capital Markets upgraded shares of SEGRO (OTCMKTS:SEGXF) from a hold rating to a strong-buy rating in a research note published on Friday,Zacks.com reports.

Other equities analysts have also issued reports about the company. Jefferies Financial Group lowered SEGRO from a “buy” rating to a “hold” rating in a research note on Thursday, July 9th. BNP Paribas Exane initiated coverage on SEGRO in a report on Wednesday, July 1st. They set a “neutral” rating for the company. Finally, The Goldman Sachs Group upgraded shares of SEGRO from a “buy” rating to a “buy” rating in a research report on Monday, June 1st. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

SEGRO Price Performance

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

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.