Shares of SGS Ltd (OTCMKTS:SGSOY) have been assigned an average recommendation of “Hold” from the eleven ratings firms that are covering the stock, Marketbeat Ratings reports. Four investment analysts have rated the stock with a sell recommendation and seven have assigned a hold recommendation to the company.
Several analysts have recently weighed in on the stock. Berenberg Bank reiterated a “hold” rating on shares of SGS in a research report on Monday, March 30th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of SGS in a research note on Friday. Zacks Investment Research downgraded SGS from a “hold” rating to a “sell” rating in a research report on Friday. Goldman Sachs Group reiterated a “sell” rating on shares of SGS in a research report on Wednesday, March 11th. Finally, UBS Group reiterated a “neutral” rating on shares of SGS in a research note on Tuesday, April 28th.
Shares of SGSOY traded down $0.10 on Wednesday, reaching $24.02. 11,609 shares of the stock traded hands, compared to its average volume of 42,616. SGS has a 12 month low of $19.07 and a 12 month high of $29.40. The stock’s 50-day moving average price is $23.18 and its 200-day moving average price is $24.80.
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 nine segments: Agriculture, Food and Life; Mineral Services; Oil, Gas and Chemicals Services; Consumer and Retail Services; Certification and Business Enhancement; Industrial Services; Environment, Health and Safety Services; Transportation Services; and Governments and Institutions Services.
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