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

Shares of SEGRO (OTCMKTS:SEGXF) have been assigned a consensus rating of “Hold” from the seven ratings firms that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation, one has assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of brokerages have weighed in on SEGXF. Kepler Capital Markets raised shares of SEGRO from a “hold” rating to a “strong-buy” rating in a research note on Friday. BNP Paribas Exane began coverage on shares of SEGRO in a report on Wednesday, July 1st. They set a “neutral” rating for the company. The Goldman Sachs Group raised SEGRO from a “buy” rating to a “buy” rating in a research report on Monday, June 1st. Finally, Jefferies Financial Group downgraded SEGRO from a “buy” rating to a “hold” rating in a research note on Thursday, July 9th.

SEGRO Price Performance

Shares of OTCMKTS SEGXF opened at $12.08 on Monday. SEGRO has a 1 year low of $8.18 and a 1 year high of $12.58. 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 firm has a 50-day moving average of $10.45 and a 200 day moving average of $10.08.

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.