SGS SA (OTCMKTS:SGSOY) Receives Average Recommendation of “Hold” from Analysts

Shares of SGS SA (OTCMKTS:SGSOYGet Rating) have earned a consensus rating of “Hold” from the seven ratings firms that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and two have given a buy recommendation to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $2,407.50.

Several research firms have recently weighed in on SGSOY. Royal Bank of Canada decreased their price objective on shares of SGS from CHF 3,100 to CHF 2,700 and set an “outperform” rating for the company in a research report on Thursday, July 7th. HSBC cut shares of SGS from a “buy” rating to a “hold” rating in a research report on Friday, April 8th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of SGS from CHF 2,640 to CHF 2,290 and set a “hold” rating for the company in a research report on Thursday, June 23rd. JPMorgan Chase & Co. decreased their price objective on shares of SGS from CHF 3,000 to CHF 2,350 in a research report on Thursday, June 30th. Finally, Morgan Stanley reduced their price target on shares of SGS from CHF 3,000 to CHF 2,290 and set an “equal weight” rating for the company in a report on Friday, July 8th.

SGS Stock Performance

SGSOY stock opened at $23.54 on Wednesday. SGS has a 52-week low of $21.01 and a 52-week high of $33.82. The company has a quick ratio of 1.25, a current ratio of 1.36 and a debt-to-equity ratio of 2.40. The company has a fifty day moving average price of $23.18 and a 200-day moving average price of $26.08.

SGS Company Profile

(Get Rating)

SGS SA provides inspection, verification, testing, certification, and quality assurance services in Europe, Africa, the Middle East, the Americas, and the Asia Pacific. It operates in five segments: Connectivity & Products, Health & Nutrition, Industries & Environment, Natural Resources and Knowledge.

Further Reading

Analyst Recommendations for SGS (OTCMKTS:SGSOY)

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