Watches of Switzerland Group (LON:WOSG) Receives “Hold” Rating from Jefferies Financial Group

Watches of Switzerland Group (LON:WOSG)‘s stock had its “hold” rating restated by investment analysts at Jefferies Financial Group in a report released on Friday, London Stock Exchange reports. They presently have a GBX 740 price target on the stock. Jefferies Financial Group’s price objective points to a potential upside of 8.35% from the company’s previous close.

Separately, Royal Bank Of Canada upgraded Watches of Switzerland Group to a “sector perform” rating and raised their price target for the stock from GBX 725 to GBX 800 in a research report on Tuesday, July 28th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of GBX 696.67.

Watches of Switzerland Group Stock Performance

LON WOSG opened at GBX 683 on Friday. The company has a 50-day simple moving average of GBX 726.68 and a two-hundred day simple moving average of GBX 619.78. The company has a quick ratio of 0.48, a current ratio of 1.91 and a debt-to-equity ratio of 87.18. Watches of Switzerland Group has a 12-month low of GBX 340 and a 12-month high of GBX 801.50. The firm has a market cap of £1.58 billion, a price-to-earnings ratio of 16.03, a PEG ratio of 1.56 and a beta of 1.87.

Watches of Switzerland Group (LON:WOSG) last announced its quarterly earnings data on Tuesday, July 14th. The company reported GBX 45.20 earnings per share (EPS) for the quarter. Watches of Switzerland Group had a return on equity of 16.31% and a net margin of 5.42%. On average, equities analysts forecast that Watches of Switzerland Group will post 42.739726 EPS 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 US and UK comprising eight prestigious brands; Watches of Switzerland (UK and US), Mappin & Webb (UK), Goldsmiths (UK), Mayors (US), Betteridge (US), Deutsch & Deutsch (US), Analog:Shift (US) and Hodinkee (US), with a complementary jewellery offering. Since 8 May 2024, the Group has also owned the exclusive distribution rights for Roberto Coin in the USA, Canada, Central America and the Caribbean.