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The Swatch Group (SWGAF) Gets a Sell from RBC Capital

The Swatch Group (SWGAF) Gets a Sell from RBC Capital

Business Insider18 hours ago
In a report released on July 1, Piral Dadhania from RBC Capital maintained a Sell rating on The Swatch Group, with a price target of CHF130.00. The company's shares closed last Friday at $165.00.
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According to TipRanks, Dadhania is an analyst with an average return of -5.3% and a 36.22% success rate. Dadhania covers the Consumer Cyclical sector, focusing on stocks such as adidas AG, Kering SA, and EssilorLuxottica SA.
In addition to RBC Capital, The Swatch Group also received a Sell from UBS's Zuzanna Pusz in a report issued on June 30. However, on June 27, Bernstein maintained a Buy rating on The Swatch Group (Other OTC: SWGAF).
Based on The Swatch Group's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $3.29 billion and a net profit of $57 million. In comparison, last year the company earned a revenue of $3.87 billion and had a net profit of $383 million
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