The Swatch Group AG (OTCMKTS:SWGAY) Receives Consensus Rating of “Hold” from Brokerages

The Swatch Group AG (OTCMKTS:SWGAY) has been given a consensus rating of “Hold” by the twelve analysts that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the company.

Several research firms have issued reports on SWGAY. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of The Swatch Group in a research note on Tuesday, July 13th. UBS Group reiterated a “neutral” rating on shares of The Swatch Group in a research note on Wednesday, July 14th. Credit Suisse Group reiterated an “outperform” rating on shares of The Swatch Group in a research note on Thursday, July 15th. Morgan Stanley reiterated an “equal weight” rating on shares of The Swatch Group in a research note on Tuesday, July 13th. Finally, Barclays assumed coverage on shares of The Swatch Group in a research note on Tuesday, September 21st. They issued an “overweight” rating on the stock.

OTCMKTS SWGAY traded up $0.03 on Friday, hitting $13.84. The stock had a trading volume of 38,339 shares, compared to its average volume of 50,979. The Swatch Group has a 52-week low of $10.43 and a 52-week high of $18.59. The firm has a 50-day moving average of $15.09 and a 200-day moving average of $15.87.

The Swatch Group Company Profile

The Swatch Group AG engages in the design, manufacture, and sale of finished watches, jewelry, watch movements, and components. It operates through the Watches & Jewelry, and Electronic Systems segments. The Watches & Jewelry segment is involved in the designs, production, and marketing of watches and jewelry.

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Analyst Recommendations for The Swatch Group (OTCMKTS:SWGAY)

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