SEGRO (OTCMKTS:SEGXF) Given Consensus Rating of “Hold” by Brokerages

SEGRO (OTCMKTS:SEGXF) has been given an average rating of “Hold” by the six ratings firms that are presently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation, two have given a buy recommendation and one has issued a strong buy recommendation on the company.

Separately, Jefferies Financial Group raised SEGRO from a “hold” rating to a “buy” rating in a report on Monday, January 26th.

SEGRO Stock Performance

SEGRO stock opened at $10.77 on Friday. The stock’s 50 day moving average price is $9.95 and its 200 day moving average price is $9.36. SEGRO has a 1-year low of $7.64 and a 1-year high of $11.12.

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.