SEGRO (OTCMKTS:SEGXF) Upgraded at UBS Group

UBS Group upgraded shares of SEGRO (OTCMKTS:SEGXF) from a hold rating to a strong-buy rating in a research report sent to investors on Tuesday morning, Marketbeat.com reports.

Several other brokerages have also recently commented on SEGXF. Hsbc Global Res cut SEGRO from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 3rd. Barclays cut SEGRO from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 27th.

SEGRO Stock Performance

Shares of OTCMKTS SEGXF opened at $8.94 on Tuesday. The stock’s fifty day simple moving average is $8.83 and its 200 day simple moving average is $9.92. SEGRO has a 52-week low of $8.35 and a 52-week high of $12.49.

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.