Watches of Switzerland Group plc (LON:WOSG) Receives Average Rating of “Moderate Buy” from Analysts

Watches of Switzerland Group plc (LON:WOSG) has been given an average recommendation of “Moderate Buy” by the six brokerages that are presently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is GBX 474.17 ($5.98).

Several equities analysts recently commented on the company. Shore Capital reissued a “not rated” rating on shares of Watches of Switzerland Group in a report on Friday, October 4th. Stifel Nicolaus reiterated a “hold” rating and issued a GBX 430 ($5.42) price objective on shares of Watches of Switzerland Group in a report on Wednesday, September 4th. Finally, Jefferies Financial Group reissued a “buy” rating and set a GBX 440 ($5.55) target price on shares of Watches of Switzerland Group in a research report on Tuesday, September 3rd.

Watches of Switzerland Group Trading Down 0.3 %

Shares of LON:WOSG opened at GBX 441.40 ($5.56) on Friday. Watches of Switzerland Group has a 52 week low of GBX 324 ($4.08) and a 52 week high of GBX 728 ($9.17). The company’s 50 day moving average is GBX 433.67 and its two-hundred day moving average is GBX 406.20. The company has a market cap of £1.06 billion, a PE ratio of 1,765.60, a P/E/G ratio of 1.56 and a beta of 2.17. The company has a current ratio of 1.95, a quick ratio of 0.48 and a debt-to-equity ratio of 109.69.

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.