Watches of Switzerland Group (LON:WOSG) Stock Rating Reaffirmed by Shore Capital

Shore Capital restated their not rated rating on shares of Watches of Switzerland Group (LON:WOSG) in a report issued on Tuesday, MarketBeat Ratings reports.

A number of other research analysts have also weighed in on the stock. Deutsche Bank Aktiengesellschaft raised their price target on shares of Watches of Switzerland Group from GBX 420 ($5.52) to GBX 435 ($5.72) and gave the company a hold rating in a research note on Friday, June 28th. Royal Bank of Canada boosted their price target on Watches of Switzerland Group from GBX 500 ($6.57) to GBX 520 ($6.84) and gave the stock an outperform rating in a research report on Tuesday, July 2nd. Finally, Jefferies Financial Group restated a buy rating and issued a GBX 440 ($5.79) price objective on shares of Watches of Switzerland Group in a report on Tuesday. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, Watches of Switzerland Group has a consensus rating of Moderate Buy and an average price target of GBX 474.17 ($6.23).

Watches of Switzerland Group Price Performance

Shares of LON WOSG opened at GBX 373.40 ($4.91) on Tuesday. 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 fifty day moving average of GBX 395.97 and a 200 day moving average of GBX 385.11. The firm has a market cap of £894.55 million, a PE ratio of 1,493.60, a PEG ratio of 0.91 and a beta of 2.17. Watches of Switzerland Group has a one year low of GBX 324 ($4.26) and a one year high of GBX 728 ($9.57).

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.