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

Key Points

• SEGRO has received a consensus recommendation of "Hold" from six ratings firms, with two analysts rating it a sell, one a buy, and one a strong buy.
• Analyst ratings for SEGRO have varied recently, with Goldman Sachs upgrading it to "buy" while Barclays and BNP Paribas downgraded it to "strong sell" and "underperform", respectively.
• SEGRO operates as a UK Real Estate Investment Trust (REIT) managing over 10.8 million square meters of industrial property valued at £20.6 billion.

Shares of SEGRO (OTCMKTS:SEGXF - Get Free Report) have been assigned a consensus recommendation of "Hold" from the six ratings firms that are currently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company.

Several research analysts have commented on the stock. The Goldman Sachs Group upgraded shares of SEGRO to a "buy" rating in a research report on Monday. Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of SEGRO in a research report on Tuesday, May 13th. Barclays downgraded shares of SEGRO from a "hold" rating to a "strong sell" rating in a research report on Monday, August 18th. Finally, BNP Paribas downgraded shares of SEGRO to an "underperform" rating in a research report on Wednesday.

SEGRO Stock Down 0.0%

OTCMKTS SEGXF opened at $8.69 on Wednesday. The company has a current ratio of 8.44, a quick ratio of 8.44 and a debt-to-equity ratio of 0.38. SEGRO has a 1-year low of $7.64 and a 1-year high of $12.37. The company has a 50 day moving average of $8.75 and a 200-day moving average of $8.88.

About SEGRO

SEGRO is a UK Real Estate Investment Trust (REIT), listed on the London Stock Exchange and Euronext Paris, and is a leading owner, manager and developer of modern warehouses and industrial property. It owns or manages 10.8 million square metres of space (116 million square feet) valued at £20.6 billion serving customers from a wide range of industry sectors.

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