Watches of Switzerland Group (LON:WOSG) Stock Rating Reaffirmed by Shore Capital

Watches of Switzerland Group (LON:WOSG)‘s stock had its “not rated” rating reissued by equities researchers at Shore Capital in a research report issued on Friday, LSE.Co.UK reports.

Other equities research analysts also recently issued research reports about the company. Stifel Nicolaus reiterated a “hold” rating and issued a GBX 430 ($5.75) price objective on shares of Watches of Switzerland Group in a report on Wednesday, September 4th. Deutsche Bank Aktiengesellschaft boosted their target price on Watches of Switzerland Group from GBX 420 ($5.62) to GBX 435 ($5.82) and gave the stock a “hold” rating in a research report on Friday, June 28th. Royal Bank of Canada increased their price target on shares of Watches of Switzerland Group from GBX 500 ($6.69) to GBX 520 ($6.96) and gave the company an “outperform” rating in a research report on Tuesday, July 2nd. Finally, Jefferies Financial Group restated a “buy” rating and set a GBX 440 ($5.89) price objective on shares of Watches of Switzerland Group in a report on Tuesday, September 3rd. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 474.17 ($6.34).

Watches of Switzerland Group Stock Performance

Shares of Watches of Switzerland Group stock opened at GBX 481.60 ($6.44) on Friday. The firm has a fifty day moving average of GBX 401.41 and a two-hundred day moving average of GBX 387.33. The company has a debt-to-equity ratio of 109.69, a quick ratio of 0.48 and a current ratio of 1.95. The stock has a market capitalization of £1.15 billion, a price-to-earnings ratio of 1,926.40, a PEG ratio of 1.15 and a beta of 2.17. Watches of Switzerland Group has a 52 week low of GBX 324 ($4.33) and a 52 week high of GBX 728 ($9.74).

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.