SEGRO (OTCMKTS:SEGXF) Given Average Rating of “Moderate Buy” by Analysts

SEGRO (OTCMKTS:SEGXF) has been given a consensus recommendation of “Moderate Buy” by the six brokerages that are currently covering the firm, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company.

Several equities research analysts recently weighed in on SEGXF shares. Kepler Capital Markets upgraded shares of SEGRO from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 17th. BNP Paribas Exane began coverage on SEGRO in a research note on Wednesday, July 1st. They set a “neutral” rating on the stock. The Goldman Sachs Group raised SEGRO from a “buy” rating to a “buy” rating in a report on Monday, June 1st. Finally, Jefferies Financial Group downgraded SEGRO from a “buy” rating to a “hold” rating in a research report on Thursday, July 9th.

SEGRO Stock Up 0.8%

Shares of SEGRO stock opened at $12.70 on Friday. 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 fifty day moving average price of $11.75 and a two-hundred day moving average price of $10.53. SEGRO has a fifty-two week low of $8.18 and a fifty-two week high of $13.21.

About SEGRO

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.