Watches of Switzerland Group’s (WOSG) Buy Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reaffirmed their buy rating on shares of Watches of Switzerland Group (LON:WOSG) in a report published on Tuesday morning, MarketBeat Ratings reports. The brokerage currently has a GBX 440 ($5.79) price objective on the stock.

WOSG has been the topic of a number of other research reports. Royal Bank of Canada upped their price target 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 upped their target price on Watches of Switzerland Group from GBX 420 ($5.52) to GBX 435 ($5.72) and gave the company a hold rating in a report on Friday, June 28th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, Watches of Switzerland Group presently has an average rating of Moderate Buy and an average price target of GBX 474.17 ($6.23).

Watches of Switzerland Group Stock Down 1.7 %

WOSG stock opened at GBX 380.20 ($5.00) on Tuesday. 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’s 50-day moving average price is GBX 396.76 and its 200 day moving average price is GBX 385.18. Watches of Switzerland Group has a 52 week low of GBX 324 ($4.26) and a 52 week high of GBX 728 ($9.57). The company has a market cap of £910.85 million, a P/E ratio of 1,520.80, a P/E/G ratio of 0.98 and a beta of 2.16.

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.