SGS (OTCMKTS:SGSOY) Rating Lowered to Equal Weight at Barclays

SGS (OTCMKTS:SGSOY) was downgraded by investment analysts at Barclays from an “overweight” rating to an “equal weight” rating in a report issued on Tuesday, The Fly reports.

Several other brokerages have also recently weighed in on SGSOY. Goldman Sachs Group cut SGS from a “neutral” rating to a “sell” rating in a report on Wednesday, March 20th. Zacks Investment Research raised SGS from a “sell” rating to a “hold” rating in a report on Wednesday, March 27th.

SGSOY opened at $26.08 on Tuesday. The firm has a market capitalization of $19.91 billion, a P/E ratio of 26.61 and a beta of 0.89. SGS has a 1 year low of $21.60 and a 1 year high of $27.06.

SGS Company Profile

SGS SA provides inspection, verification, testing, certification, and quality assurance services in Europe, Africa, the Middle East, the Americas, and the Asia Pacific. It operates in nine segments: Agriculture, Food and Life; Mineral Services; Oil, Gas and Chemicals Services; Consumer and Retail Services; Certification and Business Enhancement; Industrial Services; Environment, Health and Safety Services; Transportation Services; and Governments and Institutions Services.

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