Goldman Sachs Group Upgrades SWATCH GRP AG/ADR (OTCMKTS:SWGAY) to “Buy”

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 report issued on Friday, The Fly reports.

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

OTCMKTS:SWGAY opened at $14.28 on Friday. The firm has a 50-day moving average of $13.50. SWATCH GRP AG/ADR has a 52-week low of $12.33 and a 52-week high of $24.08.

SWATCH GRP AG/ADR Company Profile

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

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