Watches of Switzerland Group plc (LON:WOSG) Given Average Recommendation of “Moderate Buy” by Analysts

Watches of Switzerland Group plc (LON:WOSG) has been given an average rating of “Moderate Buy” by the six ratings firms that are covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is GBX 496.67 ($6.18).

WOSG has been the subject of several analyst reports. Jefferies Financial Group reissued a “buy” rating and set a GBX 575 ($7.15) price target on shares of Watches of Switzerland Group in a report on Friday, December 6th. Shore Capital reissued a “not rated” rating on shares of Watches of Switzerland Group in a research note on Friday, December 6th.

Watches of Switzerland Group Stock Performance

Shares of LON WOSG opened at GBX 562 ($6.99) on Friday. The company has a quick ratio of 0.48, a current ratio of 1.95 and a debt-to-equity ratio of 109.69. The firm’s 50-day moving average price is GBX 539.26 and its two-hundred day moving average price is GBX 461.53. Watches of Switzerland Group has a 52-week low of GBX 324 ($4.03) and a 52-week high of GBX 600 ($7.46). The stock has a market capitalization of £1.35 billion, a P/E ratio of 2,248.00, a P/E/G ratio of 1.56 and a beta of 2.17.

Watches of Switzerland Group (LON:WOSG) last announced its quarterly earnings results on Thursday, December 5th. The company reported GBX 18.10 ($0.23) earnings per share (EPS) for the quarter. Watches of Switzerland Group had a return on equity of 11.91% and a net margin of 3.84%. As a group, sell-side analysts forecast that Watches of Switzerland Group will post 42.739726 earnings per share for the current year.

Watches of Switzerland Group Company Profile

Established in 2007 the Watches of Switzerland Group is the UK’s largest luxury watch retailer, operating in the UK, US and Europe comprising seven prestigious brands; Watches of Switzerland (UK and US), Mappin & Webb (UK), Goldsmiths (UK), Mayors (US), Betteridge (US), Hodinkee and Analog:Shift (US) with a complementary jewellery offering.