Bryan, Garnier & Co Begins Coverage on SES (OTCMKTS:SGBAF)

Bryan, Garnier & Co started coverage on shares of SES (OTCMKTS:SGBAFGet Rating) in a research report released on Tuesday, The Fly reports. The firm issued a neutral rating and a €6.50 ($6.63) target price on the stock.

A number of other equities analysts also recently commented on the company. Barclays lowered their price objective on SES from €9.60 ($9.80) to €9.00 ($9.18) in a research report on Friday, September 16th. Morgan Stanley boosted their price objective on SES from €9.00 ($9.18) to €10.00 ($10.20) in a research note on Thursday, June 16th. Berenberg Bank boosted their price objective on SES from €9.80 ($10.00) to €11.20 ($11.43) and gave the company a buy rating in a research note on Friday, June 10th. Finally, JPMorgan Chase & Co. upped their price target on SES from €8.40 ($8.57) to €10.00 ($10.20) and gave the stock a neutral rating in a research note on Wednesday, June 29th.

SES Stock Up 3.7 %

Shares of OTCMKTS:SGBAF opened at $6.04 on Tuesday. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.18 and a quick ratio of 1.16. The firm has a market capitalization of $3.41 billion, a PE ratio of 6.10 and a beta of 0.94. The firm’s 50-day moving average is $7.34 and its two-hundred day moving average is $8.35. SES has a 1 year low of $5.77 and a 1 year high of $9.76.

SES Company Profile

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SES SA provides satellite and ground infrastructure solutions worldwide. The company offers data connectivity services through its MEO and GEO satellite communication systems for aviation, maritime, cruise, energy, government, and telco and MNO industries. It also provides video services, including direct to home broadcast, occasional use, IP delivery, cable distribution, channel management, over the top (OTT), satellite distribution, hybrid TV platform, online video platform, content aggregation, SES 360, audience measurement and ad insertion, subscriber management, content distribution, production, value added, and real time booking services for broadcasters, platform operators, and sports organizations.

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