Analysts Set Watches of Switzerland Group plc (LON:WOSG) Target Price at GBX 474.17

Shares of Watches of Switzerland Group plc (LON:WOSG) have been given an average recommendation of “Moderate Buy” by the six research firms that are currently covering the firm, Marketbeat reports. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is GBX 474.17 ($6.15).

Several equities research analysts recently weighed in on WOSG shares. Royal Bank of Canada upped their price objective on shares of Watches of Switzerland Group from GBX 500 ($6.48) to GBX 520 ($6.74) and gave the stock an “outperform” rating in a research report on Tuesday, July 2nd. Stifel Nicolaus reaffirmed a “hold” rating and issued a GBX 430 ($5.58) price objective 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 report on Friday, October 4th. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 440 ($5.71) target price on shares of Watches of Switzerland Group in a report on Tuesday, September 3rd.

Watches of Switzerland Group Trading Up 0.3 %

Shares of Watches of Switzerland Group stock opened at GBX 447.20 ($5.80) on Wednesday. Watches of Switzerland Group has a 52-week low of GBX 324 ($4.20) and a 52-week high of GBX 728 ($9.44). The firm has a 50-day moving average of GBX 425.64 and a 200-day moving average of GBX 399.80. 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 has a market cap of £1.07 billion, a PE ratio of 1,788.80, a PEG ratio of 1.56 and a beta of 2.17.

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.