Watches of Switzerland Group (LON:WOSG) Receives “Buy” Rating from Shore Capital

Shore Capital reaffirmed their buy rating on shares of Watches of Switzerland Group (LON:WOSG – Get Rating) in a report published on Tuesday morning, Marketbeat reports.

Separately, Barclays restated an overweight rating and set a GBX 1,225 ($14.93) target price on shares of Watches of Switzerland Group in a research report on Thursday, December 15th.

Watches of Switzerland Group Price Performance

Shares of LON:WOSG opened at GBX 801 ($9.76) on Tuesday. The company has a debt-to-equity ratio of 126.85, a quick ratio of 0.48 and a current ratio of 1.67. The firm has a fifty day moving average price of GBX 898.24 and a 200 day moving average price of GBX 864.78. Watches of Switzerland Group has a fifty-two week low of GBX 632.50 ($7.71) and a fifty-two week high of GBX 1,224 ($14.92). The firm has a market cap of £1.92 billion, a price-to-earnings ratio of 1,704.26, a P/E/G ratio of 1.25 and a beta of 1.99.

Insider Buying and Selling

In related news, insider Bill Floydd sold 814 shares of the company’s stock in a transaction on Friday, February 10th. The shares were sold at an average price of GBX 833 ($10.15), for a total transaction of £6,780.62 ($8,264.01). 4.46% of the stock is owned by company insiders.

Watches of Switzerland Group Company Profile

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Watches of Switzerland Group PLC operates as a retailer of luxury watches. The company offers luxury watches and jewelry; fashion and classic watches and jewelry; and gifts, as well as provides servicing, repairs, and insurance services for fashion and classic watches and jewelry. It operates 131 showrooms in the United Kingdom and 40 showrooms in the United States, as well as through seven transactional websites under the Goldsmiths, Mappin & Webb, Watches of Switzerland, Mayors Jewelers, and Betteridge brands.