Watches of Switzerland Group (LON:WOSG) Stock Rating Reaffirmed by Jefferies Financial Group

Jefferies Financial Group reissued their buy rating on shares of Watches of Switzerland Group (LON:WOSG) in a research report report published on Tuesday, MarketBeat reports. The firm currently has a GBX 440 ($5.79) target price on the stock.

Several other equities research analysts have also recently commented on the company. Royal Bank of Canada boosted their target price on Watches of Switzerland Group from GBX 500 ($6.57) to GBX 520 ($6.84) and gave the stock an outperform rating in a report on Tuesday, July 2nd. Deutsche Bank Aktiengesellschaft lifted their price target on Watches of Switzerland Group from GBX 420 ($5.52) to GBX 435 ($5.72) and gave the company a hold rating in a research report on Friday, June 28th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, Watches of Switzerland Group has a consensus rating of Moderate Buy and an average price target of GBX 474.17 ($6.23).

Watches of Switzerland Group Trading Down 1.8 %

Shares of LON:WOSG opened at GBX 373.40 ($4.91) on Tuesday. The company has a 50 day moving average of GBX 395.97 and a 200-day moving average of GBX 385.11. The company has a current ratio of 1.95, a quick ratio of 0.48 and a debt-to-equity ratio of 109.69. The firm has a market cap of £894.55 million, a P/E ratio of 1,493.60, a P/E/G ratio of 0.91 and a beta of 2.17. Watches of Switzerland Group has a twelve month low of GBX 324 ($4.26) and a twelve month high of GBX 728 ($9.57).

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.