SEGRO (OTCMKTS:SEGXF) Shares Up 0.6% - What's Next?

Key Points

• SEGRO shares increased by 0.6% to last trade at $8.92, with a trading volume of 2,610 shares.
• Analyst ratings for SEGRO are mixed, with Barclays downgrading to a "strong sell" and Goldman Sachs upgrading to a "buy", resulting in an average rating of "Hold".
• SEGRO is a leading Real Estate Investment Trust (REIT) in the UK, managing approximately 10.8 million square metres of industrial and warehouse properties valued at £20.6 billion.

Shares of SEGRO (OTCMKTS:SEGXF - Get Free Report) traded up 0.6% on Wednesday . The stock traded as high as $8.93 and last traded at $8.92. 2,610 shares were traded during mid-day trading, a decline of 0% from the average session volume of 2,611 shares. The stock had previously closed at $8.86.

Analyst Ratings Changes

SEGXF has been the subject of a number of analyst reports. Barclays downgraded SEGRO from a "hold" rating to a "strong sell" rating in a research report on Monday, August 18th. The Goldman Sachs Group upgraded shares of SEGRO from a "hold" rating to a "buy" rating in a report on Monday, September 8th. Finally, BNP Paribas downgraded shares of SEGRO to an "underperform" rating in a research report on Wednesday, September 10th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, SEGRO has an average rating of "Hold".

SEGRO Stock Up 0.6%

The company has a 50 day simple moving average of $8.63 and a 200-day simple moving average of $8.87.

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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