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

Shares of Watches of Switzerland Group plc (LON:WOSG - Get Free Report) have been given an average rating of "Moderate Buy" by the six research firms that are presently covering the firm, MarketBeat reports. Two analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is GBX 474.17 ($6.16).

WOSG has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft lifted their price target on Watches of Switzerland Group from GBX 420 ($5.45) to GBX 435 ($5.65) and gave the stock a "hold" rating in a report on Friday, June 28th. Stifel Nicolaus restated a "hold" rating and issued a GBX 430 ($5.58) target price on shares of Watches of Switzerland Group in a research note on Wednesday, September 4th. Royal Bank of Canada boosted their target price on Watches of Switzerland Group from GBX 500 ($6.49) to GBX 520 ($6.75) and gave the company an "outperform" rating in a research note on Tuesday, July 2nd. Jefferies Financial Group restated a "buy" rating and issued a GBX 440 ($5.71) target price on shares of Watches of Switzerland Group in a research note on Tuesday, September 3rd. Finally, Shore Capital restated a "not rated" rating on shares of Watches of Switzerland Group in a research note on Friday, October 4th.

Watches of Switzerland Group Stock Down 0.8 %

Shares of WOSG stock traded down GBX 3.40 ($0.04) during trading hours on Wednesday, reaching GBX 433.40 ($5.63). The company had a trading volume of 290,683 shares, compared to its average volume of 966,216. Watches of Switzerland Group has a 12 month low of GBX 324 ($4.21) and a 12 month high of GBX 728 ($9.45). The company has a debt-to-equity ratio of 109.69, a current ratio of 1.95 and a quick ratio of 0.48. The business has a fifty day simple moving average of GBX 419.48 and a 200-day simple moving average of GBX 396.80. The company has a market cap of £1.04 billion, a price-to-earnings ratio of 1,747.20, a price-to-earnings-growth 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.