SGS (OTCMKTS:SGSOY) PT Lowered to CHF 2,290 at Deutsche Bank Aktiengesellschaft

SGS (OTCMKTS:SGSOYGet Rating) had its price objective dropped by equities researchers at Deutsche Bank Aktiengesellschaft from CHF 2,640 to CHF 2,290 in a research note issued to investors on Thursday, The Fly reports. The brokerage presently has a “hold” rating on the stock.

Separately, HSBC cut SGS from a “buy” rating to a “hold” rating in a report on Friday, April 8th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $2,720.00.

Shares of OTCMKTS SGSOY traded up $0.37 during mid-day trading on Thursday, hitting $22.36. The company had a trading volume of 152,863 shares, compared to its average volume of 104,629. The firm has a 50-day simple moving average of $24.43 and a two-hundred day simple moving average of $27.74. The company has a debt-to-equity ratio of 2.40, a current ratio of 1.36 and a quick ratio of 1.25. SGS has a one year low of $21.01 and a one year high of $33.82.

About SGS (Get Rating)

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 five segments: Connectivity & Products, Health & Nutrition, Industries & Environment, Natural Resources and Knowledge.

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