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

Shares of SGS SA (OTCMKTS:SGSOY) have been assigned an average rating of “Moderate Buy” from the ten brokerages that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation, two have issued a buy recommendation and four have assigned a strong buy recommendation to the company.

Several research firms have weighed in on SGSOY. Royal Bank Of Canada upgraded SGS from an “underperform” rating to a “sector perform” rating in a research note on Tuesday, May 5th. Kepler Capital Markets raised shares of SGS to a “strong-buy” rating in a report on Monday, May 18th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of SGS in a report on Monday, April 27th. Oddo Bhf raised shares of SGS to an “outperform” rating in a report on Tuesday, May 26th. Finally, Citigroup reissued a “buy” rating on shares of SGS in a report on Tuesday, February 17th.

SGS Stock Up 1.1%

SGS stock opened at $11.29 on Wednesday. The firm has a 50 day moving average of $10.94 and a 200 day moving average of $11.37. SGS has a 12-month low of $9.80 and a 12-month high of $12.76. The company has a debt-to-equity ratio of 3.52, a current ratio of 1.44 and a quick ratio of 1.32.

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.