SES (OTCMKTS:SGBAF) Price Target Increased to €10.00 by Analysts at Societe Generale

SES (OTCMKTS:SGBAFGet Rating) had its price target increased by Societe Generale from €9.30 ($9.79) to €10.00 ($10.53) in a research note published on Friday, The Fly reports.

SGBAF has been the topic of several other research reports. Barclays boosted their price target on shares of SES from €9.15 ($9.63) to €10.00 ($10.53) and gave the stock an overweight rating in a research report on Monday, April 25th. Morgan Stanley lowered their price objective on shares of SES from €9.50 ($10.00) to €9.00 ($9.47) in a research note on Friday, February 25th. JPMorgan Chase & Co. increased their price target on shares of SES from €7.30 ($7.68) to €8.40 ($8.84) and gave the company a neutral rating in a research report on Friday. Finally, Zacks Investment Research lowered shares of SES from a buy rating to a hold rating in a research report on Thursday, April 28th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from, the stock currently has an average rating of Buy and an average price target of $9.48.

OTCMKTS:SGBAF traded up $0.01 during midday trading on Friday, reaching $8.81. 216 shares of the stock traded hands, compared to its average volume of 1,684. The company has a fifty day moving average of $8.79 and a 200 day moving average of $8.38. SES has a 12 month low of $7.38 and a 12 month high of $9.76. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.39 and a current ratio of 0.39. The stock has a market capitalization of $4.98 billion, a P/E ratio of 11.73 and a beta of 1.09.

SES (OTCMKTS:SGBAFGet Rating) last announced its quarterly earnings data on Thursday, February 24th. The company reported $0.24 EPS for the quarter. SES had a net margin of 25.10% and a return on equity of 8.76%. The company had revenue of $529.53 million for the quarter. On average, analysts predict that SES will post 0.35 EPS for the current fiscal year.

SES Company Profile (Get Rating)

SES SA provides satellite and ground infrastructure solutions worldwide. The company offers data connectivity services through its MEO and GEO satellite communication systems for aviation, maritime, cruise, energy, government, and telco and MNO industries. It also provides video services, including direct to home broadcast, occasional use, IP delivery, cable distribution, channel management, over the top (OTT), satellite distribution, hybrid TV platform, online video platform, content aggregation, SES 360, audience measurement and ad insertion, subscriber management, content distribution, production, value added, and real time booking services for broadcasters, platform operators, and sports organizations.

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