The Swatch Group AG (UHR.SW)
| Previous Close | 183.35 |
| Open | 182.95 |
| Bid | 180.00 x 0 |
| Ask | 184.00 x 0 |
| Day's Range | 180.80 - 183.55 |
| 52 Week Range | 148.85 - 246.10 |
| Volume | |
| Avg. Volume | 230,477 |
| Market Cap | 9.442B |
| Beta (5Y Monthly) | 0.83 |
| PE Ratio (TTM) | 18.22 |
| EPS (TTM) | 9.99 |
| Earnings Date | Jul 15, 2024 |
| Forward Dividend & Yield | 6.50 (3.57%) |
| Ex-Dividend Date | May 13, 2024 |
| 1y Target Est | 269.20 |
ReutersSwatch stocks gain again as CEO says delisting speculation nothing new
Shares in Swatch Group made further gains on Friday on speculation the Swiss watchmaker could be taken private even though CEO Nick Hayek played down his earlier comments, saying there was nothing new on the issue. Hayek, whose family group controls Swatch via around 43.3% of the votes and 25% of the share capital, said he favoured taking the company private - pushing up its shares which had previously lost 31% in value this year. On Friday, the shares rose again, and were up 2.1% in late morning trade, even after Hayek put out a statement on Thursday afternoon saying the possibility of quitting the stock market was not a new idea.
- Investing.com
UBS downgrades Swatch Group and Moncler, citing soft demand in luxury markets
UBS has downgraded shares of Swatch Group AG (SIX:UHR) and Moncler (LON:0QII), citing soft demand in key luxury markets, particularly China, and a challenging outlook for the luxury goods sector overall. The brokerage reduced its rating on Swatch to "sell" from a previous "neutral" and lowered its 12-month price target to CHF127 from CHF178. Similarly, UBS downgraded Moncler to “neutral” from “buy”, citing weakening demand and a challenging macroeconomic environment affecting consumer spending.
WWDBreguet Names Gregory Kissling New CEO; Lionel a Marca Heads to Blancpain
The Omega veteran replaces Lionel a Marca, who is moving to Blancpain in tandem with a new role overseeing manufacturing for Swatch Group’s high-end division.
