Brokerages Set Watches of Switzerland Group plc (LON:WOSG) PT at GBX 496.67

Shares of Watches of Switzerland Group plc (LON:WOSG) have been given a consensus recommendation of “Moderate Buy” by the six brokerages that are covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is GBX 496.67 ($6.24).

A number of research analysts have issued reports on the company. Jefferies Financial Group reissued a “buy” rating and set a GBX 575 ($7.23) price objective on shares of Watches of Switzerland Group in a report on Friday, December 6th. Shore Capital restated a “not rated” rating on shares of Watches of Switzerland Group in a research report on Friday, December 6th. Finally, Stifel Nicolaus reaffirmed a “hold” rating and set a GBX 430 ($5.41) price objective on shares of Watches of Switzerland Group in a report on Wednesday, September 4th.

Watches of Switzerland Group Trading Down 0.9 %

Shares of WOSG opened at GBX 575 ($7.23) on Thursday. The stock has a 50 day simple moving average of GBX 472.20 and a 200-day simple moving average of GBX 428.95. The company has a current ratio of 1.95, a quick ratio of 0.48 and a debt-to-equity ratio of 109.69. The stock has a market cap of £1.38 billion, a PE ratio of 2,300.00, a PEG ratio of 1.56 and a beta of 2.17. Watches of Switzerland Group has a 1 year low of GBX 324 ($4.07) and a 1 year high of GBX 727 ($9.14).

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.