SEGRO (OTCMKTS:SEGXF) Upgraded to Strong-Buy at UBS Group

SEGRO (OTCMKTS:SEGXF) was upgraded by equities research analysts at UBS Group from a “hold” rating to a “strong-buy” rating in a report released on Tuesday, Marketbeat reports.

SEGXF has been the subject of a number of other research reports. Hsbc Global Res cut shares of SEGRO from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 3rd. Barclays downgraded SEGRO from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 27th.

SEGRO Trading Up 0.4 %

Shares of SEGRO stock opened at $8.94 on Tuesday. The company has a 50-day simple moving average of $8.83 and a two-hundred day simple moving average of $9.92. SEGRO has a one year low of $8.35 and a one year high of $12.49.

SEGRO Company Profile

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.