The Swatch Group (OTCMKTS:SWGAY) Raised to “Strong Sell” at Berenberg Bank

Berenberg Bank upgraded shares of The Swatch Group (OTCMKTS:SWGAY) to a strong sell rating in a research report sent to investors on Wednesday, Zacks.com reports.

A number of other equities research analysts have also weighed in on SWGAY. UBS Group raised The Swatch Group to a “strong sell” rating in a research note on Monday, September 23rd. Jefferies Financial Group lowered The Swatch Group from a “hold” rating to an “underperform” rating in a research note on Friday, September 20th.

The Swatch Group Price Performance

OTCMKTS SWGAY opened at $10.26 on Wednesday. The Swatch Group has a 1-year low of $8.73 and a 1-year high of $13.73. The stock has a 50-day moving average of $10.03 and a 200-day moving average of $10.29.

The Swatch Group 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.