SEGRO (OTCMKTS:SEGXF – Get Free Report)’s share price gapped up prior to trading on Wednesday. The stock had previously closed at $12.00, but opened at $12.30. SEGRO shares last traded at $12.30, with a volume of 180 shares.
Wall Street Analyst Weigh In
Several research firms have recently issued reports on SEGXF. Jefferies Financial Group lowered SEGRO from a “buy” rating to a “hold” rating in a research report on Thursday, July 9th. Berenberg Bank downgraded shares of SEGRO from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 18th. BNP Paribas Exane began coverage on shares of SEGRO in a research report on Wednesday, July 1st. They set a “neutral” rating for the company. Barclays upgraded shares of SEGRO from a “strong sell” rating to a “hold” rating in a report on Monday, August 24th. Finally, Kepler Capital Markets cut SEGRO from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 1st. One investment analyst has rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, SEGRO presently has an average rating of “Hold”.
Check Out Our Latest Stock Analysis on SEGRO
SEGRO Price Performance
SEGRO Company Profile
SEGRO plc is a UK-based real estate investment trust that owns, develops and manages modern warehouses and industrial properties. Its portfolio is focused primarily on logistics facilities, urban warehouses and other properties used by businesses for storage, distribution, manufacturing and related operations.
The company serves a range of occupiers, including retailers, logistics providers, manufacturers and data-driven businesses. SEGRO’s activities include property development, asset management and the operation of facilities in strategically located logistics and urban areas.
SEGRO traces its origins to Slough Trading Company, established in 1920, and adopted the SEGRO name in 2007.
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