Deutsche Bank Reaffirms Buy Rating for SES (OTCMKTS:SGBAF)

Deutsche Bank reaffirmed their buy rating on shares of SES (OTCMKTS:SGBAF) in a report released on Monday, The Fly reports.

SGBAF has been the topic of a number of other research reports. Berenberg Bank reaffirmed a hold rating on shares of SES in a research note on Monday. Barclays reaffirmed an overweight rating on shares of SES in a research note on Tuesday, July 7th. JPMorgan Chase & Co. reaffirmed a neutral rating on shares of SES in a research note on Wednesday, September 9th. Credit Suisse Group reaffirmed an outperform rating on shares of SES in a research note on Tuesday, August 18th. Finally, Goldman Sachs Group raised SES from a neutral rating to a buy rating in a research note on Thursday, July 9th. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock currently has a consensus rating of Buy.

Shares of OTCMKTS SGBAF opened at $7.41 on Monday. The business’s 50 day moving average is $7.23 and its two-hundred day moving average is $7.06. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.63 and a quick ratio of 0.62. SES has a 1-year low of $5.50 and a 1-year high of $20.29. The stock has a market capitalization of $4.26 billion, a P/E ratio of 12.35 and a beta of 1.41.

SES (OTCMKTS:SGBAF) last released its earnings results on Friday, August 7th. The company reported $0.06 EPS for the quarter. The business had revenue of $515.88 million for the quarter. As a group, equities research analysts anticipate that SES will post 0.05 earnings per share for the current fiscal year.

About SES

SES SA provides satellite and ground communications solutions to connect and enable broadcast, telecom, corporate, and government customers worldwide. The company offers video services, such as broadcasting, content distribution, and occasional use and full-time content contribution and distribution services.

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Analyst Recommendations for SES (OTCMKTS:SGBAF)

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