SGS Ltd (NASDAQ:SGSOY) Raised to “Strong-Buy” at Zacks Investment Research

Zacks Investment Research upgraded shares of SGS Ltd (NASDAQ:SGSOY) from a hold rating to a strong-buy rating in a report published on Tuesday, July 25th. The brokerage currently has $27.00 price objective on the stock.

According to Zacks, “SGS SA is an inspection, verification, testing and certification company. The Company provides specialized business solutions that improve quality, safety, productivity and reduces risk. Its portfolio of services includes agricultural services, minerals services, oil, gas and chemicals services, life science services, consumer testing services, systems and services certification, industrial services, environmental services, automotive services, government and institutions services. SGS SA is headquartered in Geneva, Switzerland. “

Shares of SGS (NASDAQ:SGSOY) opened at 22.03 on Tuesday. The company’s 50-day moving average price is $23.32 and its 200-day moving average price is $22.44. The firm has a market cap of $16.61 billion and a P/E ratio of 28.75. SGS has a 12 month low of $19.06 and a 12 month high of $24.65.

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About SGS

SGS SA is a Switzerland-based company that provides inspection, verification, testing and certification services. Inspection comprises checking the condition and weight of traded goods at transshipment, quality and quantity control, and compliance with regulatory requirements. Testing services are provided through a global network of testing facilities and test the quality, safety and performance of products against health, safety and regulatory standards.

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