Swatch Group AG (SWGAY) – What Are Researchers Saying About This Stock?

Swatch Group AG (OTCMKTS:SWGAY) has received a consensus recommendation of “Hold” from the six analysts that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company.

Several research analysts have issued reports on the company. The Goldman Sachs Group started coverage on Swatch Group in a report on Sunday, October 4th. They set a “sell” rating on the stock. Kepler Capital Markets raised Swatch Group from a “reduce” rating to a “buy” rating in a research note on Wednesday, July 29th.

Swatch Group Trading Up 0.8%

Shares of SWGAY stock opened at $11.04 on Thursday. Swatch Group has a 1 year low of $9.85 and a 1 year high of $13.97. The firm’s 50 day moving average is $10.95 and its 200-day moving average is $11.68.

About Swatch Group

Swatch Group AG is a Swiss watchmaking company headquartered in Biel/Bienne, Switzerland. It develops, manufactures and markets watches, watch movements, components and related systems, with activities spanning product design, production, distribution and retail.

The group’s brand portfolio covers a broad range of price segments and styles. Its brands include Swatch, Omega, Longines, Tissot, Rado, Mido, Hamilton, Certina, Breguet, Blancpain, Glashütte Original, Harry Winston, Union Glashütte and Flik Flak.