SEGRO (OTCMKTS:SEGXF) Downgraded to Hold Rating by Hsbc Global Res

Hsbc Global Res lowered shares of SEGRO (OTCMKTS:SEGXF) from a strong-buy rating to a hold rating in a research report report published on Monday morning,Zacks.com reports.

Separately, Barclays downgraded shares of SEGRO from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 27th.

SEGRO Price Performance

Shares of OTCMKTS SEGXF opened at $9.00 on Monday. The stock has a fifty day moving average price of $8.95 and a 200 day moving average price of $10.43. SEGRO has a 1-year low of $8.35 and a 1-year 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.