Jefferies analyst Frederick Wild maintained a Hold rating on The Swatch Group (SWGAF – Research Report) on December 21 and set a price target of CHF240.00. The company’s shares closed last Tuesday at $260.30.
According to TipRanks, Wild is a 3-star analyst with an average return of 26.3% and a 100.00% success rate.
The word on The Street in general, suggests a Hold analyst consensus rating for The Swatch Group with a $312.31 average price target, implying a 19.98% upside from current levels. In a report released on December 13, J.P. Morgan also maintained a Hold rating on the stock with a CHF275.00 price target.
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The company has a one-year high of $375.15 and a one-year low of $244.00. Currently, The Swatch Group has an average volume of 82.
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The Swatch Group (SWGAF) Company Description:
The Swatch Group AG engages in the design, manufacture, and sale of finished watches, jewelry, watch movements, and components. It operates through the Watches & Jewelry, and Electronic Systems segments. The Watches & Jewelry segment is involved in the designs, production, and marketing of watches and jewelry. The Electronic Systems segment develops, manufactures, and sells electronic components; and sports timing activities. The company was founded by Nicolas Georges Hayek in 1983 and is headquartered in Biel, Switzerland.
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