Shore Capital Reaffirms “Not Rated” Rating for Watches of Switzerland Group (LON:WOSG)

Shore Capital reiterated their not rated rating on shares of Watches of Switzerland Group (LON:WOSG) in a research note released on Friday morning, LSE.Co.UK reports.

A number of other research analysts also recently commented on WOSG. Stifel Nicolaus reissued a hold rating and issued a GBX 430 ($5.63) price target on shares of Watches of Switzerland Group in a report on Wednesday, September 4th. Royal Bank of Canada increased their target price on Watches of Switzerland Group from GBX 500 ($6.54) to GBX 520 ($6.81) and gave the company an outperform rating in a research note on Tuesday, July 2nd. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Watches of Switzerland Group from GBX 420 ($5.50) to GBX 435 ($5.69) and gave the stock a hold rating in a research note on Friday, June 28th. Finally, Jefferies Financial Group reiterated a buy rating and set a GBX 440 ($5.76) price objective on shares of Watches of Switzerland Group in a research note on Tuesday, September 3rd. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, Watches of Switzerland Group presently has a consensus rating of Moderate Buy and a consensus price target of GBX 474.17 ($6.21).

Watches of Switzerland Group Stock Performance

Shares of WOSG stock opened at GBX 473.20 ($6.19) on Friday. The company’s fifty day moving average price is GBX 401.41 and its two-hundred day moving average price is GBX 387.48. 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 firm has a market capitalization of £1.13 billion, a P/E ratio of 1,892.80, a P/E/G ratio of 1.15 and a beta of 2.17. Watches of Switzerland Group has a 12 month low of GBX 324 ($4.24) and a 12 month high of GBX 728 ($9.53).

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.