Watches of Switzerland Group plc (LON:WOSG) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Watches of Switzerland Group plc (LON:WOSG) has received a consensus recommendation of “Moderate Buy” from the six research firms that are presently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is GBX 474.17 ($5.94).

Several equities analysts have weighed in on the company. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 440 ($5.52) target price on shares of Watches of Switzerland Group in a research report on Tuesday, September 3rd. Shore Capital reaffirmed a “not rated” rating on shares of Watches of Switzerland Group in a research note on Friday, October 4th. Finally, Stifel Nicolaus reiterated a “hold” rating and set a GBX 430 ($5.39) target price on shares of Watches of Switzerland Group in a report on Wednesday, September 4th.

Watches of Switzerland Group Stock Up 3.0 %

Watches of Switzerland Group stock opened at GBX 460.60 ($5.77) on Friday. The company has a market capitalization of £1.10 billion, a PE ratio of 1,842.40, a price-to-earnings-growth ratio of 1.56 and a beta of 2.17. The company has a debt-to-equity ratio of 109.69, a quick ratio of 0.48 and a current ratio of 1.95. Watches of Switzerland Group has a fifty-two week low of GBX 324 ($4.06) and a fifty-two week high of GBX 728 ($9.13). The firm has a 50 day moving average price of GBX 440.81 and a 200 day moving average price of GBX 410.36.

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.