HSBC upgraded shares of SWATCH Grp AG/ADR (OTCMKTS:SWGAY) from a hold rating to a buy rating in a report published on Thursday morning, Marketbeat Ratings reports.

Several other equities research analysts also recently commented on SWGAY. Deutsche Bank downgraded SWATCH Grp AG/ADR from a buy rating to a hold rating in a report on Wednesday, July 11th. UBS Group downgraded SWATCH Grp AG/ADR from a buy rating to a hold rating in a report on Friday, August 31st. Finally, Societe Generale upgraded SWATCH Grp AG/ADR from a sell rating to a hold rating in a report on Thursday, October 18th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. SWATCH Grp AG/ADR currently has an average rating of Hold.

Shares of OTCMKTS:SWGAY opened at $16.38 on Thursday. SWATCH Grp AG/ADR has a 1-year low of $15.72 and a 1-year high of $25.30.

About SWATCH Grp AG/ADR

The Swatch Group Ltd manufactures and sells finished watches, jewelry, and watch movements and components worldwide. The company's Watches & Jewelry segment designs, produces, and commercializes watches and jewelry. Its Electronic Systems segment engages in the design, production, and commercialization of electronic components, as well as sports timing activities.

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Analyst Recommendations for SWATCH Grp AG/ADR (OTCMKTS:SWGAY)

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