SGS SA (OTCMKTS:SGSOY) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of SGS SA (OTCMKTS:SGSOY) have been given a consensus recommendation of “Moderate Buy” by the ten brokerages that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation, two have issued a buy recommendation and four have issued a strong buy recommendation on the company.

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

SGS Trading Up 1.1%

OTCMKTS SGSOY opened at $11.29 on Wednesday. SGS has a 52 week low of $9.80 and a 52 week high of $12.76. The company has a quick ratio of 1.32, a current ratio of 1.44 and a debt-to-equity ratio of 3.52. The company has a 50-day moving average price of $10.94 and a 200-day moving average price of $11.37.

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.