SGS SA (OTCMKTS:SGSOY) Receives Consensus Recommendation of “Buy” from Analysts

SGS SA (OTCMKTS:SGSOY) has been given an average recommendation of “Buy” by the six analysts that are currently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a hold rating, one has issued a buy rating and three have issued a strong buy rating on the company.

Several research firms recently issued reports on SGSOY. The Goldman Sachs Group raised shares of SGS from a “strong sell” rating to a “neutral” rating in a report on Thursday, October 9th. Citigroup restated a “buy” rating on shares of SGS in a report on Tuesday, October 28th. Finally, BNP Paribas raised SGS from a “hold” rating to a “strong-buy” rating in a research report on Friday, September 5th.

SGS Stock Up 0.2%

Shares of SGSOY stock opened at $11.27 on Wednesday. SGS has a fifty-two week low of $8.42 and a fifty-two week high of $11.62. The stock’s 50-day moving average is $11.16 and its two-hundred day moving average is $10.60.

SGS Company Profile

SGS SA is a Switzerland-based multinational company that provides inspection, verification, testing and certification services. Established in the late 19th century, SGS has grown into a global provider of conformity assessment services that help businesses manage risk, ensure quality and meet regulatory requirements across product lifecycles and supply chains. The company’s services are designed to verify that products, systems and processes meet specified standards and customer expectations.

Core activities include laboratory testing, on-site inspections, certification of management systems and product conformity, supply chain audits and technical verification.