Watches of Switzerland Group plc (LON:WOSG) Receives GBX 474.17 Consensus Price Target from Analysts

Watches of Switzerland Group plc (LON:WOSG - Get Free Report) has been given an average recommendation of "Moderate Buy" by the six brokerages that are currently covering the company, Marketbeat reports. Two 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 brokerages that have issued ratings on the stock in the last year is GBX 474.17 ($5.98).

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

Watches of Switzerland Group Stock Performance

LON WOSG traded down GBX 1.40 ($0.02) on Friday, reaching GBX 441.40 ($5.56). 277,645 shares of the company's stock traded hands, compared to its average volume of 928,683. Watches of Switzerland Group has a fifty-two week low of GBX 324 ($4.08) and a fifty-two week high of GBX 728 ($9.17). 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 firm has a market cap of £1.06 billion, a price-to-earnings ratio of 1,765.60, a P/E/G ratio of 1.56 and a beta of 2.17. The stock has a 50 day moving average price of GBX 433.67 and a 200-day moving average price of GBX 406.58.

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.