Shares of SEGRO Plc (OTCMKTS:SEGXF – Get Free Report) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $9.15 and traded as low as $8.90. SEGRO shares last traded at $9.16, with a volume of 1,772 shares changing hands.
Analysts Set New Price Targets
Separately, Barclays cut shares of SEGRO from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 27th.
Get Our Latest Stock Report on SEGXF
SEGRO Price Performance
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.
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