Watches of Switzerland Group (LON:WOSG) Upgraded by Royal Bank Of Canada to Sector perform Rating

Watches of Switzerland Group (LON:WOSG) was upgraded by analysts at Royal Bank Of Canada to a “sector perform” rating in a report issued on Tuesday,Digital Look reports. The firm presently has a GBX 800 price target on the stock, up from their prior price target of GBX 725. Royal Bank Of Canada’s price objective would suggest a potential upside of 12.20% from the stock’s previous close.

Separately, Jefferies Financial Group reissued a “buy” rating and issued a GBX 440 price target on shares of Watches of Switzerland Group in a research note on Friday, May 15th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 596.67.

Watches of Switzerland Group Trading Down 0.8%

Shares of LON:WOSG opened at GBX 713 on Tuesday. Watches of Switzerland Group has a 12 month low of GBX 316.20 and a 12 month high of GBX 801.50. The company has a quick ratio of 0.48, a current ratio of 1.91 and a debt-to-equity ratio of 87.18. The company’s fifty day simple moving average is GBX 718.52 and its 200 day simple moving average is GBX 575.45. The firm has a market cap of £1.65 billion, a price-to-earnings ratio of 24.09, a PEG ratio of 1.56 and a beta of 1.87.

Watches of Switzerland Group (LON:WOSG) last posted its quarterly earnings data on Tuesday, July 14th. The company reported GBX 45.20 EPS for the quarter. Watches of Switzerland Group had a net margin of 5.42% and a return on equity of 16.31%. As a group, research analysts forecast that Watches of Switzerland Group will post 42.739726 EPS for the current fiscal year.

About Watches of Switzerland Group

Established in 2007 the Watches of Switzerland Group is the UK’s largest luxury watch retailer, operating in the UK and US 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.