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

Citigroup reaffirmed their buy rating on shares of Watches of Switzerland Group (LON:WOSG) in a research report sent to investors on Tuesday, MarketBeat reports. The firm currently has a GBX 440 ($5.43) price objective on the stock.

Separately, Barclays restated an overweight rating and issued a GBX 580 ($7.16) price objective on shares of Watches of Switzerland Group in a research note on Friday, February 9th.

Watches of Switzerland Group Stock Performance

WOSG opened at GBX 356.60 ($4.40) on Tuesday. Watches of Switzerland Group has a 52-week low of GBX 324.80 ($4.01) and a 52-week high of GBX 899.50 ($11.11). The firm has a market capitalization of £854.31 million, a PE ratio of 824.09, a PEG ratio of 0.82 and a beta of 2.09. The company has a debt-to-equity ratio of 102.29, a quick ratio of 0.48 and a current ratio of 1.69. The business’s 50-day simple moving average is GBX 377.44 and its 200 day simple moving average is GBX 494.57.

Insider Buying and Selling at Watches of Switzerland Group

In other Watches of Switzerland Group news, insider Ian Carter acquired 50,000 shares of the company’s stock in a transaction on Thursday, February 8th. The shares were purchased at an average price of GBX 377 ($4.66) per share, for a total transaction of £188,500 ($232,831.03). Corporate insiders own 4.53% of the company’s stock.

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.