SEGRO (OTCMKTS:SEGXF) Receives Consensus Recommendation of “Hold” from Analysts

SEGRO (OTCMKTS:SEGXF) has been given a consensus rating of “Hold” by the seven research firms that are presently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, one has issued a buy rating and one has issued a strong buy rating on the company.

Several research firms have commented on SEGXF. The Goldman Sachs Group upgraded SEGRO from a “buy” rating to a “buy” rating in a research report on Monday, June 1st. Kepler Capital Markets upgraded SEGRO from a “hold” rating to a “strong-buy” rating in a report on Friday, July 17th. BNP Paribas Exane initiated coverage on SEGRO in a research note on Wednesday, July 1st. They issued a “neutral” rating for the company. Finally, Jefferies Financial Group lowered shares of SEGRO from a “buy” rating to a “hold” rating in a report on Thursday, July 9th.

SEGRO Stock Performance

OTCMKTS SEGXF opened at $12.68 on Friday. SEGRO has a twelve month low of $8.18 and a twelve month high of $13.21. 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 business’s fifty day moving average is $11.59 and its 200 day moving average is $10.48.

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.