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

Shares of Watches of Switzerland Group plc (LON:WOSG) have received an average recommendation of “Moderate Buy” from the six research firms that are presently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is GBX 474.17 ($5.98).

A number of brokerages have recently issued reports on WOSG. Shore Capital reaffirmed a “not rated” rating on shares of Watches of Switzerland Group in a research note on Friday, October 4th. Stifel Nicolaus reaffirmed a “hold” rating and set a GBX 430 ($5.42) target price on shares of Watches of Switzerland Group in a report on Wednesday, September 4th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a GBX 440 ($5.55) price target on shares of Watches of Switzerland Group in a research note on Tuesday, September 3rd.

Watches of Switzerland Group Price Performance

Watches of Switzerland Group stock opened at GBX 441.40 ($5.56) on Friday. The company has a debt-to-equity ratio of 109.69, a quick ratio of 0.48 and a current ratio of 1.95. The company’s fifty day moving average price is GBX 433.67 and its 200 day moving average price is GBX 406.20. The stock has a market capitalization of £1.06 billion, a P/E ratio of 1,765.60, a P/E/G ratio of 1.56 and a beta of 2.17. Watches of Switzerland Group has a 1 year low of GBX 324 ($4.08) and a 1 year high of GBX 728 ($9.17).

About Watches of Switzerland Group

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.