SEGRO (OTCMKTS:SEGXF) Rating Increased to Strong-Buy at Citigroup

SEGRO (OTCMKTS:SEGXF) was upgraded by Citigroup to a “strong-buy” rating in a note issued to investors on Tuesday, Zacks.com reports.

SEGRO Price Performance

Shares of SEGXF opened at $11.14 on Tuesday. The stock has a fifty day moving average price of $11.06 and a 200 day moving average price of $10.99. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.02 and a current ratio of 1.02. SEGRO has a 12 month low of $8.05 and a 12 month high of $11.74.

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 10.4 million square metres of space (112 million square feet) valued at £20.7 billion serving customers from a wide range of industry sectors.