Bryan, Garnier & Co initiated coverage on shares of SES (OTCMKTS:SGBAF – Get Rating) in a research note published on Tuesday, The Fly reports. The firm issued a neutral rating and a €6.50 ($6.63) price objective on the stock.
SGBAF has been the subject of a number of other reports. JPMorgan Chase & Co. lifted their price objective on shares of SES from €8.40 ($8.57) to €10.00 ($10.20) and gave the company a neutral rating in a research note on Wednesday, June 29th. Berenberg Bank boosted their price target on shares of SES from €9.80 ($10.00) to €11.20 ($11.43) and gave the company a buy rating in a research report on Friday, June 10th. Morgan Stanley boosted their price target on shares of SES from €9.00 ($9.18) to €10.00 ($10.20) in a research report on Thursday, June 16th. Finally, Barclays reduced their price target on shares of SES from €9.60 ($9.80) to €9.00 ($9.18) in a research report on Friday, September 16th.
SES Price Performance
SES stock opened at $6.64 on Tuesday. SES has a 1-year low of $6.33 and a 1-year high of $9.76. The firm has a market capitalization of $3.75 billion, a price-to-earnings ratio of 6.71 and a beta of 0.94. The company has a current ratio of 1.18, a quick ratio of 1.16 and a debt-to-equity ratio of 0.61. The firm has a 50 day simple moving average of $7.43 and a 200 day simple moving average of $8.38.
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.
- Get a free copy of the StockNews.com research report on SES (SGBAF)
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