Watches of Switzerland Group (LON:WOSG) Stock Rating Upgraded by Deutsche Bank Aktiengesellschaft

Watches of Switzerland Group (LON:WOSG) was upgraded by Deutsche Bank Aktiengesellschaft to a “buy” rating in a note issued to investors on Tuesday, Marketbeat reports. The firm presently has a GBX 450 price target on the stock. Deutsche Bank Aktiengesellschaft’s target price would suggest a potential upside of 33.06% from the company’s current price.

Separately, Shore Capital restated a “no recommendation” rating on shares of Watches of Switzerland Group in a research note on Wednesday. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of GBX 512.50.

Watches of Switzerland Group Price Performance

Watches of Switzerland Group stock opened at GBX 338.20 on Tuesday. The stock’s fifty day moving average price is GBX 353.97 and its two-hundred day moving average price is GBX 392.45. Watches of Switzerland Group has a one year low of GBX 315 and a one year high of GBX 600. The company has a debt-to-equity ratio of 109.69, a current ratio of 1.95 and a quick ratio of 0.48. The firm has a market cap of £778.48 million, a PE ratio of 1,489.87, a price-to-earnings-growth ratio of 1.56 and a beta of 2.17.

Watches of Switzerland Group (LON:WOSG) last posted its quarterly earnings data on Thursday, July 3rd. The company reported GBX 41.60 EPS for the quarter. Watches of Switzerland Group had a return on equity of 11.38% and a net margin of 3.84%. As a group, research analysts expect 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), Analog:Shift (US) and Hodinkee (US), with a complementary jewellery offering.