Zacks: SGS Ltd (SGSOY) Receives Consensus Rating of “Sell” from Analysts
Shares of SGS Ltd (NASDAQ:SGSOY) have earned a consensus broker rating score of 4.00 (Sell) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a sell rating.
Zacks has also assigned SGS an industry rank of 103 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research upgraded shares of SGS from a “hold” rating to a “strong-buy” rating and set a $27.00 price target for the company in a research report on Tuesday, July 25th.
SGS (NASDAQ:SGSOY) traded up 0.23% during midday trading on Friday, reaching $22.22. 207,982 shares of the company were exchanged. The company has a market capitalization of $16.75 billion and a price-to-earnings ratio of 28.90. The company has a 50 day moving average of $22.60 and a 200-day moving average of $22.57. SGS has a 52-week low of $19.06 and a 52-week high of $24.65.
SGS SA is a Switzerland-based company that provides inspection, verification, testing and certification services. Inspection comprises checking the condition and weight of traded goods at transshipment, quality and quantity control, and compliance with regulatory requirements. Testing services are provided through a global network of testing facilities and test the quality, safety and performance of products against health, safety and regulatory standards.
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