Zacks Investment Research downgraded shares of Segro Plc (NASDAQ:SEGXF) from a hold rating to a sell rating in a research report sent to investors on Thursday.

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) remained flat at $5.60 during mid-day trading on Thursday. The stock had a trading volume of 27,065 shares. The stock has a market cap of $4.64 billion and a PE ratio of 8.38. Segro Plc has a 52 week low of $5.00 and a 52 week high of $6.58. The company’s 50 day moving average is $5.83 and its 200-day moving average is $5.58.

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