Brokerages Set Watches of Switzerland Group plc (LON:WOSG) Price Target at GBX 480

Watches of Switzerland Group plc (LON:WOSG) has been given an average recommendation of “Moderate Buy” by the five ratings firms that are currently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is GBX 480 ($6.04).

WOSG has been the subject of several research reports. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 575 ($7.23) price target on shares of Watches of Switzerland Group in a research report on Friday, December 6th. Shore Capital reiterated a “not rated” rating on shares of Watches of Switzerland Group in a research report on Friday, December 6th.

Watches of Switzerland Group Stock Down 2.7 %

WOSG stock opened at GBX 475.60 ($5.98) on Tuesday. The company has a fifty day moving average price of GBX 534.64 and a 200 day moving average price of GBX 478.17. Watches of Switzerland Group has a 12 month low of GBX 324 ($4.07) and a 12 month high of GBX 600 ($7.55). The company has a market cap of £1.15 billion, a price-to-earnings ratio of 19.30, 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 current ratio of 1.95 and a quick ratio of 0.48.

Watches of Switzerland Group (LON:WOSG) last released its quarterly earnings results on Thursday, December 5th. The company reported GBX 18.10 ($0.23) EPS for the quarter. Watches of Switzerland Group had a net margin of 3.84% and a return on equity of 11.38%. Sell-side analysts expect that Watches of Switzerland Group will post 42.739726 earnings per share for the current 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, US and Europe comprising seven prestigious brands; Watches of Switzerland (UK and US), Mappin & Webb (UK), Goldsmiths (UK), Mayors (US), Betteridge (US), Hodinkee (US) and Analog:Shift (US) with a complementary jewellery offering.