SEGRO (OTCMKTS:SEGXF – Get Free Report) is expected to announce its resultson Thursday, July 30th. Analysts expect the company to post earnings of $0.2527 per share and revenue of $503.3980 million for the quarter.
SEGRO Stock Down 3.2%
Shares of SEGXF opened at $12.79 on Tuesday. The business’s 50-day moving average price is $10.79 and its 200-day moving average price is $10.20. The company has a current ratio of 0.50, a quick ratio of 0.50 and a debt-to-equity ratio of 0.36. SEGRO has a twelve month low of $8.18 and a twelve month high of $13.21.
Analyst Upgrades and Downgrades
A number of research analysts have recently commented on the stock. BNP Paribas Exane assumed coverage on shares of SEGRO in a research report on Wednesday, July 1st. They set a “neutral” rating for the company. Kepler Capital Markets upgraded SEGRO from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 17th. Jefferies Financial Group cut SEGRO from a “buy” rating to a “hold” rating in a report on Thursday, July 9th. Finally, The Goldman Sachs Group raised SEGRO from a “buy” rating to a “buy” rating in a report on Monday, June 1st. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.
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.
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