Watches of Switzerland Group (LON:WOSG) Earns “Not Rated” Rating from Shore Capital

Shore Capital reiterated their not rated rating on shares of Watches of Switzerland Group (LON:WOSG) in a research note published on Tuesday, MarketBeat reports.

A number of other research firms have also recently commented on WOSG. Jefferies Financial Group reiterated a buy rating and issued a GBX 440 ($5.79) price target on shares of Watches of Switzerland Group in a research note on Tuesday. Deutsche Bank Aktiengesellschaft increased their price objective 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 report on Friday, June 28th. Finally, Royal Bank of Canada boosted their target price on shares of 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. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of Moderate Buy and a consensus target price of GBX 474.17 ($6.23).

Watches of Switzerland Group Trading Down 1.7 %

WOSG opened at GBX 380.20 ($5.00) on Tuesday. 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 firm has a market cap of £910.85 million, a price-to-earnings ratio of 1,520.80, a PEG ratio of 0.98 and a beta of 2.16. Watches of Switzerland Group has a 12 month low of GBX 324 ($4.26) and a 12 month high of GBX 728 ($9.57). The stock has a fifty day moving average price of GBX 396.76 and a 200-day moving average price of GBX 385.18.

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.