Analysts Set Watches of Switzerland Group plc (LON:WOSG) Price Target at GBX 496.67

Shares of Watches of Switzerland Group plc (LON:WOSG) have received a consensus recommendation of “Moderate Buy” from the six ratings firms that are currently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month target price among analysts that have covered the stock in the last year is GBX 496.67 ($6.06).

WOSG has been the topic of several analyst reports. Shore Capital reiterated a “not rated” rating on shares of Watches of Switzerland Group in a research report on Friday, December 6th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 575 ($7.02) price objective on shares of Watches of Switzerland Group in a research note on Friday, December 6th.

Watches of Switzerland Group Stock Down 0.9 %

WOSG opened at GBX 499.20 ($6.09) on Monday. Watches of Switzerland Group has a 1-year low of GBX 324 ($3.96) and a 1-year high of GBX 630 ($7.69). The firm’s 50 day simple moving average is GBX 508.28 and its two-hundred day simple moving average is GBX 446.80. 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 company has a market capitalization of £1.20 billion, a PE ratio of 1,996.80, a PEG ratio of 1.56 and a beta of 2.17.

About Watches of Switzerland Group

Established in 2007 the Watches of Switzerland Group is the UK’s largest luxury watch retailer, operating in the UK, US and Europe comprising seven prestigious brands; Watches of Switzerland (UK and US), Mappin & Webb (UK), Goldsmiths (UK), Mayors (US), Betteridge (US), Hodinkee and Analog:Shift (US) with a complementary jewellery offering.