Segro Plc (NASDAQ:SEGXF) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued on Wednesday. The firm currently has a $7.00 price objective on the stock.
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. “
Shares of Segro Plc (NASDAQ:SEGXF) opened at 5.72 on Wednesday. The stock has a market capitalization of $4.74 billion and a PE ratio of 8.77. The company’s 50-day moving average price is $6.03 and its 200 day moving average price is $5.59. Segro Plc has a one year low of $5.00 and a one year high of $6.58.
Get a free copy of the Zacks research report on Segro Plc (SEGXF)
For more information about research offerings from Zacks Investment Research, visit Zacks.com