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

Shares of Watches of Switzerland Group plc (LON:WOSG) have received an average recommendation of “Moderate Buy” from the six analysts that are presently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is GBX 474.17 ($6.02).

Several equities research analysts have issued reports on the company. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 440 ($5.58) price target on shares of Watches of Switzerland Group in a research note on Tuesday, September 3rd. Shore Capital reaffirmed a “not rated” rating on shares of Watches of Switzerland Group in a report on Friday, October 4th. Finally, Stifel Nicolaus reissued a “hold” rating and issued a GBX 430 ($5.46) price target on shares of Watches of Switzerland Group in a research note on Wednesday, September 4th.

Watches of Switzerland Group Stock Up 3.2 %

Shares of LON WOSG opened at GBX 450 ($5.71) on Friday. The company has a quick ratio of 0.48, a current ratio of 1.95 and a debt-to-equity ratio of 109.69. The company has a market cap of £1.08 billion, a P/E ratio of 1,800.00, a P/E/G ratio of 1.56 and a beta of 2.17. Watches of Switzerland Group has a 52 week low of GBX 324 ($4.11) and a 52 week high of GBX 728 ($9.24). The business has a 50-day simple moving average of GBX 436.47 and a two-hundred day simple moving average of GBX 408.49.

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.