Shares of SEGRO Plc (OTCMKTS:SEGXF – Get Free Report) have been assigned a consensus rating of “Hold” from the six research firms that are covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company.
A number of equities research analysts recently commented on the company. Barclays downgraded SEGRO from an “equal weight” rating to an “underweight” rating in a report on Wednesday, August 16th. HSBC downgraded SEGRO from a “buy” rating to a “hold” rating in a report on Monday, July 10th. The Goldman Sachs Group downgraded SEGRO from a “buy” rating to a “neutral” rating in a report on Monday, June 12th. Finally, Royal Bank of Canada lowered their price objective on SEGRO from GBX 1,050 ($13.14) to GBX 975 ($12.20) in a research report on Tuesday, August 15th.
Check Out Our Latest Analysis on SEGRO
SEGRO Trading Up 7.5 %
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 10.3 million square metres of space (110 million square feet) valued at £21.0 billion serving customers from a wide range of industry sectors.
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