Watches of Switzerland Group (LON:WOSG) Given New GBX 435 Price Target at Deutsche Bank Aktiengesellschaft

Watches of Switzerland Group (LON:WOSG) had its price objective lifted by Deutsche Bank Aktiengesellschaft from GBX 420 ($5.31) to GBX 435 ($5.50) in a report published on Friday morning, Marketbeat.com reports. The brokerage currently has a hold rating on the stock.

Other research analysts have also issued reports about the stock. Citigroup restated a buy rating and issued a GBX 440 ($5.57) price objective on shares of Watches of Switzerland Group in a research note on Tuesday, April 23rd. Royal Bank of Canada dropped their price objective on Watches of Switzerland Group from GBX 475 ($6.01) to GBX 425 ($5.38) and set an outperform rating for the company in a research note on Tuesday, April 23rd. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, Watches of Switzerland Group has a consensus rating of Moderate Buy and an average price target of GBX 470 ($5.94).

Watches of Switzerland Group Stock Down 0.9 %

WOSG stock opened at GBX 410.20 ($5.19) on Friday. The firm has a market capitalization of £982.72 million, a price-to-earnings ratio of 932.27, a PEG ratio of 1.11 and a beta of 2.07. The company’s 50 day moving average price is GBX 381.83 and its 200 day moving average price is GBX 433.01. The company has a debt-to-equity ratio of 102.29, a quick ratio of 0.48 and a current ratio of 1.69. Watches of Switzerland Group has a fifty-two week low of GBX 324 ($4.10) and a fifty-two week high of GBX 789 ($9.98).

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.