SWATCH GRP AG/ADR (OTCMKTS:SWGAY) has been given an average recommendation of “Hold” by the six brokerages that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and two have given a buy recommendation to the company.
Separately, Goldman Sachs Group raised shares of SWATCH GRP AG/ADR from a “neutral” rating to a “buy” rating in a research note on Friday, July 12th.
Shares of SWGAY traded down $0.35 during trading hours on Tuesday, reaching $13.65. 35,999 shares of the company traded hands, compared to its average volume of 26,524. SWATCH GRP AG/ADR has a 12-month low of $12.33 and a 12-month high of $20.58. The stock’s fifty day moving average price is $13.85 and its 200 day moving average price is $14.17.
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.
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