Watches of Switzerland Group’s (WOSG) Buy Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group restated their buy rating on shares of Watches of Switzerland Group (LON:WOSG) in a report published on Friday morning, Marketbeat Ratings reports. Jefferies Financial Group currently has a GBX 575 ($7.33) price target on the stock.

WOSG has been the topic of a number of other research reports. Stifel Nicolaus restated a “hold” rating and issued a GBX 430 ($5.48) price target on shares of Watches of Switzerland Group in a research note on Wednesday, September 4th. Shore Capital reiterated a “not rated” rating on shares of Watches of Switzerland Group in a research note on Friday. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 496.67 ($6.33).

Watches of Switzerland Group Price Performance

LON:WOSG opened at GBX 562 ($7.16) on Friday. Watches of Switzerland Group has a 52-week low of GBX 324 ($4.13) and a 52-week high of GBX 728 ($9.28). The company has a market cap of £1.35 billion, a P/E ratio of 2,248.00, a P/E/G ratio of 1.56 and a beta of 2.17. The company has a debt-to-equity ratio of 109.69, a quick ratio of 0.48 and a current ratio of 1.95. The stock’s 50-day simple moving average is GBX 455.40 and its 200 day simple moving average is GBX 419.42.

About Watches of Switzerland Group

Watches of Switzerland Group PLC operates as a retailer of luxury watches and jewelry in the United Kingdom, Europe, and the United States. It offers its products under the Goldsmiths, Mappin & Webb, Watches of Switzerland, Mayors Jewelers, and Betteridge brands. The company also engages in sale of fashion and classic watches, and jewelry; and gifts, as well as provides servicing, repairs, and product insurance services.