SGS SA (OTCMKTS:SGSOY) Given Consensus Recommendation of “Buy” by Analysts

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

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

SGS Price Performance

SGSOY stock traded up $0.11 during trading on Wednesday, hitting $11.18. 240 shares of the company’s stock traded hands, compared to its average volume of 89,198. SGS has a 52 week low of $8.42 and a 52 week high of $11.62. The business has a fifty day simple moving average of $11.13 and a 200 day simple moving average of $10.59.

About SGS

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.