Watches of Switzerland Group plc (LON:WOSG) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Watches of Switzerland Group plc (LON:WOSG) have received an average rating of “Moderate Buy” from the six analysts that are covering the company, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is GBX 496.67 ($6.34).

Several research firms have weighed in on WOSG. Stifel Nicolaus restated a “hold” rating and set a GBX 430 ($5.49) target price on shares of Watches of Switzerland Group in a report on Wednesday, September 4th. Jefferies Financial Group reiterated a “buy” rating and set a GBX 575 ($7.34) target price on shares of Watches of Switzerland Group in a research report on Friday, December 6th. Finally, Shore Capital restated a “not rated” rating on shares of Watches of Switzerland Group in a report on Friday, December 6th.

Watches of Switzerland Group Stock Performance

Shares of WOSG opened at GBX 563 ($7.18) on Thursday. 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 £1.35 billion, a P/E ratio of 2,252.00, a P/E/G ratio of 1.56 and a beta of 2.17. Watches of Switzerland Group has a 1 year low of GBX 324 ($4.13) and a 1 year high of GBX 728 ($9.29). The company’s fifty day moving average is GBX 459.08 and its two-hundred day moving average is GBX 421.67.

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.