SEGRO (OTCMKTS:SEGXF) Price Target Lowered to GBX 1,290 at Barclays

SEGRO (OTCMKTS:SEGXFGet Rating) had its price target lowered by Barclays from GBX 1,300 ($15.93) to GBX 1,290 ($15.81) in a research report report published on Tuesday, The Fly reports.

A number of other research firms have also commented on SEGXF. Cheuvreux lowered SEGRO from a hold rating to a reduce rating and set a GBX 1,240 ($15.19) price objective on the stock. in a research note on Tuesday, May 3rd. Exane BNP Paribas lowered SEGRO from a neutral rating to an underperform rating in a research note on Thursday, July 7th. Finally, Jefferies Financial Group upgraded SEGRO from a hold rating to a buy rating in a research note on Friday, July 29th. Two investment analysts have rated the stock with a sell rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of Hold and an average price target of $1,455.00.

SEGRO Stock Performance

Shares of OTCMKTS SEGXF opened at $12.30 on Tuesday. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.25. SEGRO has a 1-year low of $11.54 and a 1-year high of $19.50. The business’s 50 day moving average is $12.47 and its 200-day moving average is $15.35.

SEGRO Company Profile

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SEGRO is a UK Real Estate Investment Trust (REIT), and a leading owner, manager and developer of modern warehouses and light industrial property. It owns or manages 8.1 million square metres of space (88 million square feet) valued at £13.3 billion serving customers from a wide range of industry sectors.

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Analyst Recommendations for SEGRO (OTCMKTS:SEGXF)

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