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

Barclays cut shares of SEGRO (OTCMKTS:SEGXF) from a strong-buy rating to a hold rating in a report issued on Wednesday,Zacks.com reports.

SEGRO Stock Performance

Shares of SEGXF opened at $10.21 on Wednesday. The company’s fifty day moving average is $10.73 and its 200-day moving average is $11.31. SEGRO has a 12 month low of $9.33 and a 12 month 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.