SEGRO (OTCMKTS:SEGXF) Shares Gap Down – Here’s What Happened

by · The Markets Daily

SEGRO (OTCMKTS:SEGXF – Get Free Report)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $9.70, but opened at $9.27. SEGRO shares last traded at $9.27, with a volume of 1,000 shares changing hands.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on SEGXF shares. Barclays lowered shares of SEGRO from a “hold” rating to a “strong sell” rating in a research note on Monday, August 18th. BNP Paribas downgraded SEGRO to an “underperform” rating in a research report on Wednesday, September 10th. Finally, The Goldman Sachs Group raised SEGRO from a “hold” rating to a “buy” rating in a report on Monday, September 8th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold”.

Read Our Latest Research Report on SEGXF

SEGRO Stock Down 4.4%

The business’s fifty day moving average is $9.41 and its 200 day moving average is $9.08.

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.

Featured Articles