SWATCH GRP AG/ADR (OTCMKTS:SWGAY) Upgraded to Buy by Goldman Sachs Group

SWATCH GRP AG/ADR (OTCMKTS:SWGAY) was upgraded by stock analysts at Goldman Sachs Group from a “neutral” rating to a “buy” rating in a research note issued to investors on Friday, The Fly reports.

Separately, Morgan Stanley reiterated an “overweight” rating and issued a GBX 2,280 ($29.79) target price on shares of Anglo American in a research note on Wednesday, May 8th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold”.

OTCMKTS:SWGAY opened at $13.81 on Friday. SWATCH GRP AG/ADR has a 1 year low of $12.33 and a 1 year high of $24.08. The firm has a 50 day moving average price of $13.48.

About SWATCH GRP AG/ADR

The Swatch Group AG designs, manufactures, and sells finished watches, jewelry, and watch movements and components worldwide. The company operates through Watches & Jewelry and Electronic Systems segments. The Watches & Jewelry segment designs, produces, and commercializes watches and jewelry.

Further Reading: Discount Rate

The Fly

Analyst Recommendations for SWATCH GRP AG/ADR (OTCMKTS:SWGAY)

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.



Leave a Reply