SWATCH Grp AG/ADR (SWGAY) Receives Average Rating of “Hold” from Analysts
Shares of SWATCH Grp AG/ADR (OTCMKTS:SWGAY) have been given a consensus rating of “Hold” by the seven brokerages that are currently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and two have assigned a buy recommendation to the company.
Several brokerages recently weighed in on SWGAY. HSBC raised SWATCH Grp AG/ADR from a “hold” rating to a “buy” rating in a report on Thursday, October 25th. Societe Generale raised SWATCH Grp AG/ADR from a “sell” rating to a “hold” rating in a report on Thursday, October 18th. UBS Group lowered SWATCH Grp AG/ADR from a “neutral” rating to a “sell” rating in a report on Wednesday. Finally, Royal Bank of Canada lowered SWATCH Grp AG/ADR from an “outperform” rating to a “sector perform” rating in a report on Wednesday.
Shares of SWATCH Grp AG/ADR stock opened at $14.96 on Monday. SWATCH Grp AG/ADR has a 1 year low of $14.70 and a 1 year high of $25.30.
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.
Recommended Story: Trading Strategy Methods and Types
Receive News & Ratings for SWATCH Grp AG/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SWATCH Grp AG/ADR and related companies with MarketBeat.com's FREE daily email newsletter.