Watches of Switzerland Group (LON:WOSG) Given Buy Rating at Jefferies Financial Group

Watches of Switzerland Group (LON:WOSG - Get Free Report)'s stock had its "buy" rating reissued by equities researchers at Jefferies Financial Group in a report released on Friday, MarketBeat reports. They presently have a GBX 575 ($7.33) price objective on the stock. Jefferies Financial Group's price objective points to a potential upside of 2.31% from the stock's previous close.

Other equities analysts have also issued reports about the company. Shore Capital reaffirmed a "not rated" rating on shares of Watches of Switzerland Group in a report on Friday. Stifel Nicolaus restated a "hold" rating and issued a GBX 430 ($5.48) price objective on shares of Watches of Switzerland Group in a research note on Wednesday, September 4th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of GBX 496.67 ($6.33).

Watches of Switzerland Group Stock Down 1.4 %

Shares of WOSG stock traded down GBX 8 ($0.10) during trading hours on Friday, reaching GBX 562 ($7.16). The company had a trading volume of 1,237,355 shares, compared to its average volume of 912,610. The business has a fifty day simple moving average of GBX 455.40 and a 200-day simple moving average of GBX 419.30. Watches of Switzerland Group has a 12 month low of GBX 324 ($4.13) and a 12 month high of GBX 728 ($9.28). The company has a market cap of £1.35 billion, a price-to-earnings ratio of 2,248.00, a price-to-earnings-growth ratio of 1.56 and a beta of 2.17. The company has a debt-to-equity ratio of 109.69, a current ratio of 1.95 and a quick ratio of 0.48.

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.