Deutsche Bank Aktiengesellschaft Raises Watches of Switzerland Group (LON:WOSG) Price Target to GBX 435

Watches of Switzerland Group (LON:WOSG) had its price objective raised by Deutsche Bank Aktiengesellschaft from GBX 420 ($5.33) to GBX 435 ($5.52) in a report issued on Friday morning, MarketBeat reports. Deutsche Bank Aktiengesellschaft currently has a hold rating on the stock.

A number of other equities research analysts also recently commented on the stock. Royal Bank of Canada lowered their price target on shares of Watches of Switzerland Group from GBX 475 ($6.03) to GBX 425 ($5.39) and set an outperform rating for the company in a report on Tuesday, April 23rd. Citigroup reiterated a buy rating and set a GBX 440 ($5.58) price target on shares of Watches of Switzerland Group in a report on Tuesday, April 23rd. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of Moderate Buy and a consensus target price of GBX 470 ($5.96).

Watches of Switzerland Group Stock Performance

LON:WOSG opened at GBX 414 ($5.25) on Friday. The company has a current ratio of 1.69, a quick ratio of 0.48 and a debt-to-equity ratio of 102.29. The firm has a 50-day moving average price of GBX 381.83 and a two-hundred day moving average price of GBX 433.01. Watches of Switzerland Group has a twelve month low of GBX 324 ($4.11) and a twelve month high of GBX 789 ($10.01). The company has a market capitalization of £991.82 million, a P/E ratio of 940.91, a price-to-earnings-growth ratio of 1.11 and a beta of 2.07.

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.