Samsonite International (OTCMKTS:SMSEY) Raised to Strong-Buy at The Goldman Sachs Group

Samsonite International (OTCMKTS:SMSEY) was upgraded by equities research analysts at The Goldman Sachs Group to a “strong-buy” rating in a research report issued on Sunday,Zacks.com reports.

Separately, Dbs Bank raised Samsonite International to a “strong-buy” rating in a report on Thursday, August 15th.

Samsonite International Stock Up 2.5 %

OTCMKTS SMSEY opened at $14.57 on Friday. The firm has a market cap of $4.12 billion, a PE ratio of 11.21 and a beta of 0.56. Samsonite International has a one year low of $10.68 and a one year high of $20.06. The stock’s 50 day simple moving average is $12.45 and its 200 day simple moving average is $13.27. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.61 and a quick ratio of 1.07.

Samsonite International Company Profile

Samsonite International SA engages in the design, manufacture, sourcing, and distribution of travel luggage bags in North America, Asia, Europe, and Latin America. The company offers luggage, business, computer, outdoor, casual, and women's bags; and travel accessories and slim protective cases for personal electronic devices primarily under the Samsonite, Tumi, American Tourister, Speck, High Sierra, Gregory, Lipault, Kamiliant, Hartmann, and eBags brands, as well as other owned and licensed brand names.