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

Shares of Watches of Switzerland Group plc (LON:WOSG) have earned an average recommendation of “Moderate Buy” from the six brokerages that are covering the company, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is GBX 496.67 ($6.20).

Several research analysts have issued reports on the company. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 575 ($7.18) price target on shares of Watches of Switzerland Group in a report on Friday, December 6th. Shore Capital reaffirmed a “not rated” rating on shares of Watches of Switzerland Group in a research report on Friday, December 6th.

Watches of Switzerland Group Stock Up 0.4 %

Watches of Switzerland Group stock opened at GBX 560.50 ($7.00) on Friday. The company has a quick ratio of 0.48, a current ratio of 1.95 and a debt-to-equity ratio of 109.69. The company has a market capitalization of £1.34 billion, a PE ratio of 2,242.00, a PEG ratio of 1.56 and a beta of 2.17. The firm’s fifty day moving average is GBX 535.55 and its 200 day moving average is GBX 459.75. Watches of Switzerland Group has a 12-month low of GBX 324 ($4.04) and a 12-month high of GBX 600 ($7.49).

Watches of Switzerland Group (LON:WOSG) last announced its quarterly earnings data on Thursday, December 5th. The company reported GBX 18.10 ($0.23) earnings per share for the quarter. Watches of Switzerland Group had a net margin of 3.84% and a return on equity of 11.91%. As a group, sell-side analysts predict that Watches of Switzerland Group will post 42.739726 EPS for the current fiscal year.

Watches of Switzerland Group Company Profile

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.