Swatch Group AG (OTCMKTS:SWGAY) Stock Rated “Hold” by Sell-Side Brokerages

Shares of Swatch Group AG (OTCMKTS:SWGAY) have been assigned a consensus rating of “Hold” from the six analysts that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and one has given a buy recommendation to the company.

A number of brokerages recently issued reports on SWGAY. The Goldman Sachs Group started coverage on Swatch Group in a research report on Sunday, October 4th. They issued a “sell” rating on the stock. Kepler Capital Markets upgraded shares of Swatch Group from a “reduce” rating to a “buy” rating in a report on Wednesday, July 29th.

Swatch Group Price Performance

SWGAY opened at $10.43 on Thursday. The business’s 50-day moving average price is $11.00 and its two-hundred day moving average price is $11.68. Swatch Group has a 1 year low of $9.85 and a 1 year high of $13.97.

About Swatch Group

Swatch Group AG is a Swiss watchmaking company headquartered in Biel/Bienne, Switzerland. It develops, manufactures and markets watches, watch movements, components and related systems, with activities spanning product design, production, distribution and retail.

The group’s brand portfolio covers a broad range of price segments and styles. Its brands include Swatch, Omega, Longines, Tissot, Rado, Mido, Hamilton, Certina, Breguet, Blancpain, Glashütte Original, Harry Winston, Union Glashütte and Flik Flak.