Watches of Switzerland Group plc (LON:WOSG) Receives GBX 474.17 Average Price Target from Brokerages

Watches of Switzerland Group plc (LON:WOSG) has earned an average recommendation of “Moderate Buy” from the six analysts that are presently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is GBX 474.17 ($6.16).

WOSG has been the topic of a number of recent research reports. Shore Capital reissued a “not rated” rating on shares of Watches of Switzerland Group in a research report on Friday, October 4th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Watches of Switzerland Group from GBX 420 ($5.45) to GBX 435 ($5.65) and gave the stock a “hold” rating in a research note on Friday, June 28th. Stifel Nicolaus restated a “hold” rating and issued a GBX 430 ($5.58) price target on shares of Watches of Switzerland Group in a research note on Wednesday, September 4th. Jefferies Financial Group restated a “buy” rating and issued a GBX 440 ($5.71) price target on shares of Watches of Switzerland Group in a research note on Tuesday, September 3rd. Finally, Royal Bank of Canada lifted their price target on shares of Watches of Switzerland Group from GBX 500 ($6.49) to GBX 520 ($6.75) and gave the stock an “outperform” rating in a research note on Tuesday, July 2nd.

Watches of Switzerland Group Trading Up 4.6 %

LON WOSG opened at GBX 456 ($5.92) on Wednesday. The company’s fifty day simple moving average is GBX 421.87 and its 200-day simple moving average is GBX 397.62. Watches of Switzerland Group has a 52 week low of GBX 324 ($4.21) and a 52 week high of GBX 728 ($9.45). The company has a current ratio of 1.95, a quick ratio of 0.48 and a debt-to-equity ratio of 109.69. The stock has a market cap of £1.09 billion, a P/E ratio of 1,824.00, a PEG ratio of 1.56 and a beta of 2.17.

Watches of Switzerland Group Company Profile

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.