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

Watches of Switzerland Group plc (LON:WOSG) has been assigned a consensus rating of “Moderate Buy” from the six ratings firms that are presently covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is GBX 474.17 ($5.94).

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

Watches of Switzerland Group Trading Up 3.0 %

WOSG opened at GBX 460.60 ($5.77) on Friday. The business’s 50-day simple moving average is GBX 440.81 and its 200-day simple moving average is GBX 410.36. The company has a market cap of £1.10 billion, a P/E ratio of 1,842.40, a PEG ratio of 1.56 and a beta of 2.17. Watches of Switzerland Group has a one year low of GBX 324 ($4.06) and a one year high of GBX 728 ($9.13). The company has a debt-to-equity ratio of 109.69, a quick ratio of 0.48 and a current ratio of 1.95.

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.