Segro Plc (SEGXF) Lowered to Hold at Zacks Investment Research

Zacks Investment Research downgraded shares of Segro Plc (NASDAQ:SEGXF) from a buy rating to a hold rating in a research note published on Tuesday.

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. “

Segro Plc (NASDAQ:SEGXF) remained flat at $5.60 during trading on Tuesday. 27,065 shares of the company’s stock were exchanged. Segro Plc has a 12-month low of $5.00 and a 12-month high of $6.58. The stock’s 50 day moving average is $5.83 and its 200-day moving average is $5.58. The stock has a market capitalization of $4.64 billion and a price-to-earnings ratio of 8.38.

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