Zacks Investment Research Lowers SEGRO (SEGXF) to Sell

Zacks Investment Research downgraded shares of SEGRO (OTCMKTS:SEGXF) from a hold rating to a sell rating in a research note issued to investors on Friday, reports.

According to Zacks, “SEGRO plc is a real estate investment trust. The company is an owner, manager and developer of warehouses and light industrial property. It operates primarily in UK and Europe. SEGRO plc is headquatered in London, United Kingdom. “

Separately, ValuEngine downgraded SEGRO from a buy rating to a hold rating in a research report on Saturday, February 23rd.

Shares of OTCMKTS:SEGXF opened at $8.95 on Friday. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.34. SEGRO has a 52-week low of $7.43 and a 52-week high of $8.95.

SEGRO Company Profile

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 7 million square metres of space (74 million square feet) valued at over £10 billion serving customers from a wide range of industry sectors.

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