SEGRO (OTCMKTS:SEGXF) Trading Down 2.9% – What’s Next?

SEGRO Plc (OTCMKTS:SEGXFGet Free Report) fell 2.9% during trading on Thursday . The stock traded as low as $8.47 and last traded at $8.50. 2,721 shares were traded during mid-day trading, an increase of 6% from the average session volume of 2,574 shares. The stock had previously closed at $8.75.

Analysts Set New Price Targets

Separately, Barclays downgraded shares of SEGRO from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 27th.

Read Our Latest Report on SEGRO

SEGRO Price Performance

The firm has a 50 day simple moving average of $9.31 and a 200-day simple moving average of $10.81.

About SEGRO

(Get Free Report)

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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