Watches of Switzerland Group plc (LON:WOSG) Receives GBX 496.67 Average Target Price from Analysts

Watches of Switzerland Group plc (LON:WOSG) has earned an average recommendation of “Moderate Buy” from the six ratings firms that are covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is GBX 496.67 ($6.24).

WOSG has been the topic of several analyst reports. Shore Capital reissued a “not rated” rating on shares of Watches of Switzerland Group in a research note on Friday, December 6th. Stifel Nicolaus reissued a “hold” rating and set a GBX 430 ($5.41) price objective on shares of Watches of Switzerland Group in a research note on Wednesday, September 4th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 575 ($7.23) target price on shares of Watches of Switzerland Group in a research note on Friday, December 6th.

Watches of Switzerland Group Stock Performance

Shares of Watches of Switzerland Group stock opened at GBX 575 ($7.23) on Thursday. The firm has a fifty day moving average of GBX 472.20 and a two-hundred day moving average of GBX 428.95. 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 capitalization of £1.38 billion, a price-to-earnings ratio of 2,300.00, a PEG ratio of 1.56 and a beta of 2.17. Watches of Switzerland Group has a 52 week low of GBX 324 ($4.07) and a 52 week high of GBX 727 ($9.14).

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.