Swatch Group AG (SWGAY) – What Are Brokerages Thinking About This Stock?

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

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

Swatch Group Stock Up 4.7%

Shares of Swatch Group stock opened at $11.49 on Thursday. Swatch Group has a 12 month low of $9.85 and a 12 month high of $13.97. The business has a fifty day simple moving average of $10.94 and a 200 day simple moving average of $11.68.

Swatch Group Company Profile

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.