Watches of Switzerland Group (LON:WOSG) Given Not Rated Rating at Shore Capital

Shore Capital reiterated their not rated rating on shares of Watches of Switzerland Group (LON:WOSG) in a research note published on Tuesday morning, MarketBeat Ratings reports.

Several other research firms also recently weighed in on WOSG. Jefferies Financial Group reissued a buy rating and issued a GBX 440 ($5.79) price target on shares of Watches of Switzerland Group in a research note on Tuesday. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Watches of Switzerland Group from GBX 420 ($5.52) to GBX 435 ($5.72) and gave the stock a hold rating in a research note on Friday, June 28th. Finally, Royal Bank of Canada lifted their target price on shares of Watches of Switzerland Group from GBX 500 ($6.57) to GBX 520 ($6.84) and gave the stock an outperform rating in a research note on Tuesday, July 2nd. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, Watches of Switzerland Group currently has an average rating of Moderate Buy and an average target price of GBX 483 ($6.35).

Watches of Switzerland Group Stock Performance

Shares of LON WOSG opened at GBX 400.20 ($5.26) on Tuesday. The company’s fifty day moving average price is GBX 397.87 and its 200 day moving average price is GBX 385.48. Watches of Switzerland Group has a 1 year low of GBX 324 ($4.26) and a 1 year high of GBX 728 ($9.57). The company has a market capitalization of £958.76 million, a PE ratio of 1,600.80, a price-to-earnings-growth ratio of 0.98 and a beta of 2.16. The company has a debt-to-equity ratio of 109.69, a quick ratio of 0.48 and a current ratio of 1.95.

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.