Schweiter Technologies (OTCMKTS:SCWTF – Get Rating) was downgraded by research analysts at Stifel Nicolaus from a “buy” rating to a “hold” rating in a report released on Thursday, The Fly reports.
Other equities research analysts have also recently issued research reports about the stock. Credit Suisse Group began coverage on shares of Schweiter Technologies in a research note on Friday, December 9th. They set an “outperform” rating on the stock. Baader Bank upgraded shares of Schweiter Technologies to a “buy” rating and decreased their price objective for the company from CHF 1,250 to CHF 875 in a research report on Thursday, November 17th.
Schweiter Technologies Stock Performance
Shares of SCWTF opened at $893.00 on Thursday. The business’s fifty day simple moving average is $884.76 and its two-hundred day simple moving average is $883.58. Schweiter Technologies has a 12 month low of $893.00 and a 12 month high of $893.00.
About Schweiter Technologies
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Schweiter Technologies AG is engaged in the development, production, and distribution of extruded and cast plastic sheets, composite panels, and core materials for composite structures in Europe, the Americas, Asia, and internationally. The company offers a new generation of traffic signs made from aluminum composite panels; decorative façade material and innovative roof cladding made from aluminum composite panels; individual photo walls, printed on lightweight foam sheets; and cycle shelter with optimum weather protection from extruded acrylic sheets.
Further Reading
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