Brokerages Set Ses S.A. (OTCMKTS:SGBAF) Price Target at $9.13

Shares of Ses S.A. (OTCMKTS:SGBAF) have been assigned an average rating of “Buy” from the eight analysts that are covering the stock, reports. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $9.13.

A number of brokerages have weighed in on SGBAF. Barclays reduced their price target on SES from €10.00 ($11.36) to €9.50 ($10.80) and set an “overweight” rating on the stock in a research note on Monday, December 13th. Berenberg Bank raised SES from a “hold” rating to a “buy” rating in a research note on Tuesday, September 28th. Finally, Zacks Investment Research raised SES from a “hold” rating to a “buy” rating and set a $8.75 price target on the stock in a research note on Tuesday, January 4th.

SGBAF stock opened at $8.30 on Wednesday. SES has a 1 year low of $7.34 and a 1 year high of $9.42. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.04 and a current ratio of 1.06. The stock’s 50 day moving average price is $7.96 and its 200 day moving average price is $8.24. The firm has a market cap of $4.69 billion, a P/E ratio of -41.50 and a beta of 1.26.

SES (OTCMKTS:SGBAF) last posted its earnings results on Thursday, November 4th. The company reported $0.18 earnings per share (EPS) for the quarter. SES had a negative return on equity of 0.41% and a negative net margin of 1.92%. The firm had revenue of $523.51 million for the quarter. On average, research analysts predict that SES will post 2.04 earnings per share for the current year.

About SES

SES SA engages in the provision of satellite-based 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 broadcast via satellite. The SES Networks business unit sells verticals fixed date, mobility, and government.

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Analyst Recommendations for SES (OTCMKTS:SGBAF)

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