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

Watches of Switzerland Group plc (LON:WOSG) has earned a consensus recommendation of “Moderate Buy” from the six ratings firms that are presently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is GBX 496.67 ($6.34).

A number of research firms have recently issued reports on WOSG. Jefferies Financial Group restated a “buy” rating and issued a GBX 575 ($7.34) target price on shares of Watches of Switzerland Group in a report on Friday, December 6th. Shore Capital restated a “not rated” rating on shares of Watches of Switzerland Group in a report on Friday, December 6th. Finally, Stifel Nicolaus restated a “hold” rating and issued a GBX 430 ($5.49) target price on shares of Watches of Switzerland Group in a report on Wednesday, September 4th.

Watches of Switzerland Group Stock Performance

Watches of Switzerland Group stock opened at GBX 563 ($7.18) on Thursday. Watches of Switzerland Group has a fifty-two week low of GBX 324 ($4.13) and a fifty-two week high of GBX 728 ($9.29). The firm’s 50 day simple moving average is GBX 459.08 and its 200-day simple moving average is GBX 421.67. The company has a debt-to-equity ratio of 109.69, a current ratio of 1.95 and a quick ratio of 0.48. The company has a market cap of £1.35 billion, a P/E ratio of 2,252.00, a price-to-earnings-growth ratio of 1.56 and a beta of 2.17.

Watches of Switzerland Group Company Profile

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.