SEGRO (OTCMKTS:SEGXF) Downgraded by Barclays to Hold

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

SEGRO Price Performance

Shares of OTCMKTS SEGXF opened at $10.21 on Wednesday. The business has a 50-day simple moving average of $10.69 and a two-hundred day simple moving average of $11.30. SEGRO has a fifty-two week low of $9.33 and a fifty-two week high of $12.49.

SEGRO Company Profile

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.