Ses SA (OTCMKTS:SGBAF) receives an average “buy” recommendation from analysts

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Shares of Ses SA (OTCMKTS:SGBAF) received a consensus “buy” recommendation from the eight research firms that cover the company, MarketBeat reports. Three research analysts rated the stock with a hold recommendation and five gave the company a buy recommendation. The 12-month average price target among analysts who have updated their coverage of the stock over the past year is $9.50.

Several brokerages have recently commented on SGBAF. Barclays lowered its price target on SES from €10.00 ($11.24) to €9.50 ($10.67) and set an “overweight” rating on the stock in a Monday research note December 13. Zacks Investment Research downgraded SES from a “buy” to a “hold” rating in a research note on Wednesday.

Shares of SES action opened at $7.67 on Friday. The company has a market capitalization of $4.34 billion, a PE ratio of -38.35 and a beta of 1.26. SES has a 12-month low of $7.34 and a 12-month high of $9.15. The company has a current ratio of 1.06, a quick ratio of 1.04 and a debt ratio of 0.67. The stock’s fifty-day simple moving average is $7.89 and its 200-day simple moving average is $8.26.

SES (OTCMKTS:SGBAF) last released its quarterly earnings data on Thursday, November 4. The company reported EPS of $0.18 for the quarter. The company had revenue of $523.51 million for the quarter. SES posted a negative return on equity of 0.41% and a negative net margin of 1.92%. Analysts expect SES to post EPS of 2.04 for the current fiscal year.

SES Company Profile

SES SA engages in the provision of satellite data transmission capacity and ancillary services. It operates through the SES Video and SES Networks business units. The SES Video business unit offers global channels delivered via satellite. The SES Networks business unit sells fixed date, mobility and government verticals.

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Analyst recommendations for SES (OTCMKTS: SGBAF)

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