SGS (OTCMKTS:SGSOY)‘s stock had its “hold” rating reissued by analysts at Deutsche Bank Aktiengesellschaft in a research note issued to investors on Thursday, The Fly reports. The analysts noted that the move was a valuation call.
Several other equities research analysts also recently commented on SGSOY. Zacks Investment Research raised SGS from a “hold” rating to a “buy” rating and set a $34.00 target price on the stock in a report on Tuesday, January 5th. Morgan Stanley upgraded SGS from an “equal weight” rating to an “overweight” rating in a research note on Thursday, December 3rd. JPMorgan Chase & Co. upgraded SGS from a “neutral” rating to an “overweight” rating in a research note on Thursday, December 10th. The Goldman Sachs Group restated a “sell” rating on shares of SGS in a research note on Friday, October 2nd. Finally, Royal Bank of Canada restated an “outperform” rating on shares of SGS in a research note on Wednesday, November 11th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and five have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $34.00.
SGS stock opened at $30.53 on Thursday. The company has a current ratio of 1.45, a quick ratio of 1.34 and a debt-to-equity ratio of 3.33. The business’s fifty day simple moving average is $29.48 and its two-hundred day simple moving average is $27.07. SGS has a 12 month low of $19.07 and a 12 month high of $30.72. The company has a market capitalization of $23.10 billion, a price-to-earnings ratio of 34.30 and a beta of 0.54.
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 nine segments: Agriculture, Food and Life; Mineral Services; Oil, Gas and Chemicals Services; Consumer and Retail Services; Certification and Business Enhancement; Industrial Services; Environment, Health and Safety Services; Transportation Services; and Governments and Institutions Services.
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