SEGRO (OTCMKTS:SEGXF) Lowered to Hold Rating by Barclays

SEGRO (OTCMKTS:SEGXF) was downgraded by investment analysts at Barclays from a “strong-buy” rating to a “hold” rating in a research report issued on Wednesday,Zacks.com reports.

SEGRO Trading Down 0.6 %

OTCMKTS:SEGXF opened at $10.21 on Wednesday. SEGRO has a twelve month low of $9.33 and a twelve month high of $12.49. The firm’s fifty day simple moving average is $10.73 and its 200 day simple moving average is $11.31.

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.