SEGRO (OTCMKTS:SEGXF) Given Average Recommendation of “Hold” by Brokerages

Shares of SEGRO (OTCMKTS:SEGXF) have been given a consensus rating of “Hold” by the seven analysts that are covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, two have given a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company.

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

SEGRO Price Performance

OTCMKTS SEGXF opened at $9.70 on Monday. SEGRO has a 12 month low of $7.64 and a 12 month high of $10.21. The stock’s 50 day moving average is $9.56 and its 200 day moving average is $9.15.

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.