Watches of Switzerland Group plc (LON:WOSG) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Watches of Switzerland Group plc (LON:WOSG) has been assigned a consensus rating of “Moderate Buy” from the six research firms that are presently covering the company, MarketBeat reports. Two analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is GBX 474.17 ($6.16).

Several equities research analysts have recently weighed in on the stock. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 440 ($5.71) target price on shares of Watches of Switzerland Group in a report on Tuesday, September 3rd. Shore Capital reaffirmed a “not rated” rating on shares of Watches of Switzerland Group in a report on Friday, October 4th. Stifel Nicolaus reiterated a “hold” rating and issued a GBX 430 ($5.58) target price on shares of Watches of Switzerland Group in a research note on Wednesday, September 4th. Deutsche Bank Aktiengesellschaft increased their price target on Watches of Switzerland Group from GBX 420 ($5.45) to GBX 435 ($5.65) and gave the stock a “hold” rating in a research report on Friday, June 28th. Finally, Royal Bank of Canada lifted their price objective on Watches of Switzerland Group from GBX 500 ($6.49) to GBX 520 ($6.75) and gave the company an “outperform” rating in a research report on Tuesday, July 2nd.

Watches of Switzerland Group Stock Performance

LON WOSG opened at GBX 436.80 ($5.67) on Wednesday. The stock has a market cap of £1.05 billion, a P/E ratio of 1,747.20, a PEG ratio of 1.56 and a beta of 2.17. The company has a quick ratio of 0.48, a current ratio of 1.95 and a debt-to-equity ratio of 109.69. Watches of Switzerland Group has a twelve month low of GBX 324 ($4.21) and a twelve month high of GBX 728 ($9.45). The company’s 50-day simple moving average is GBX 419.48 and its 200 day simple moving average is GBX 396.80.

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.