Brokerages Set Watches of Switzerland Group plc (LON:WOSG) Price Target at GBX 496.67

Shares of Watches of Switzerland Group plc (LON:WOSG) have received a consensus recommendation of “Moderate Buy” from the six research firms that are presently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is GBX 496.67 ($6.27).

A number of equities analysts have recently commented on WOSG shares. Jefferies Financial Group reissued a “buy” rating and set a GBX 575 ($7.26) price objective on shares of Watches of Switzerland Group in a research report on Friday, December 6th. Stifel Nicolaus reissued a “hold” rating and issued a GBX 430 ($5.43) target price on shares of Watches of Switzerland Group in a report on Wednesday, September 4th. Finally, Shore Capital reiterated a “not rated” rating on shares of Watches of Switzerland Group in a report on Friday, December 6th.

Watches of Switzerland Group Price Performance

Watches of Switzerland Group stock opened at GBX 575.50 ($7.26) on Thursday. 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 company has a 50-day moving average price of GBX 465.57 and a 200 day moving average price of GBX 425.10. Watches of Switzerland Group has a 12-month low of GBX 324 ($4.09) and a 12-month high of GBX 727 ($9.18). The stock has a market cap of £1.38 billion, a P/E ratio of 2,302.00, 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.