SGS SA (OTCMKTS:SGSOY) Given Consensus Rating of “Buy” by Brokerages

SGS SA (OTCMKTS:SGSOY) has earned an average recommendation of “Buy” from the six analysts that are presently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating, one has assigned a buy rating and three have issued a strong buy rating on the company.

SGSOY has been the subject of several research reports. The Goldman Sachs Group upgraded shares of SGS from a “strong sell” rating to a “neutral” rating in a research report on Thursday, October 9th. Citigroup restated a “buy” rating on shares of SGS in a research report on Tuesday, October 28th. Finally, BNP Paribas upgraded shares of SGS from a “hold” rating to a “strong-buy” rating in a report on Friday, September 5th.

SGS Stock Performance

Shares of OTCMKTS SGSOY traded up $0.11 during trading hours on Wednesday, hitting $11.18. 240 shares of the stock were exchanged, compared to its average volume of 89,198. SGS has a 1-year low of $8.42 and a 1-year high of $11.62. The company’s fifty day simple moving average is $11.13 and its two-hundred day simple moving average is $10.59.

SGS Company Profile

SGS SA provides inspection, testing, and verification services in Europe, Africa, the Middle East, the Americas, and the Asia Pacific. It operates in five segments: Connectivity & Products, Health & Nutrition, Industries & Environment, Natural Resources, and Business Assurance. The company provides laboratory testing, product inspection and consulting, process assessment, technical and transactional assistance; and automotive, connectivity, softlines and accessories, and hardgoods, toys, and juvenile products, as well as government and trade facilitation services.