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

SGS SA (OTCMKTS:SGSOY) has earned an average recommendation of “Buy” from the six ratings firms that are covering the company, Marketbeat reports. Two investment 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.

A number of analysts have recently commented on SGSOY shares. The Goldman Sachs Group upgraded SGS from a “strong sell” rating to a “neutral” rating in a research report on Thursday, October 9th. BNP Paribas upgraded SGS from a “hold” rating to a “strong-buy” rating in a research note on Friday, September 5th. Finally, Citigroup reaffirmed a “buy” rating on shares of SGS in a research report on Tuesday, October 28th.

SGS Trading Up 0.7%

Shares of OTCMKTS:SGSOY opened at $11.20 on Friday. SGS has a 12 month low of $8.42 and a 12 month high of $11.62. The company’s fifty day moving average price is $10.91 and its 200 day moving average price is $10.51.

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.