Stifel Nicolaus Reiterates “Hold” Rating for Watches of Switzerland Group (LON:WOSG)

Stifel Nicolaus reissued their hold rating on shares of Watches of Switzerland Group (LON:WOSG) in a research report released on Wednesday morning, Marketbeat.com reports. Stifel Nicolaus currently has a GBX 430 ($5.65) price target on the stock.

A number of other analysts have also issued reports on the stock. Royal Bank of Canada lifted their price objective on shares of Watches of Switzerland Group from GBX 500 ($6.57) to GBX 520 ($6.84) and gave the company an outperform rating in a research note on Tuesday, July 2nd. Shore Capital reiterated a not rated rating on shares of Watches of Switzerland Group in a research note on Tuesday, September 3rd. Jefferies Financial Group reissued a buy rating and set a GBX 440 ($5.79) price target on shares of Watches of Switzerland Group in a research report on Tuesday, September 3rd. Finally, Deutsche Bank Aktiengesellschaft raised their price target on shares of Watches of Switzerland Group from GBX 420 ($5.52) to GBX 435 ($5.72) and gave the stock a hold rating in a research report on Friday, June 28th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of Moderate Buy and an average target price of GBX 474.17 ($6.23).

Watches of Switzerland Group Trading Down 1.8 %

WOSG opened at GBX 373.40 ($4.91) on Wednesday. The firm has a market capitalization of £894.55 million, a P/E ratio of 1,493.60, a P/E/G ratio of 0.91 and a beta of 2.17. The firm’s 50 day moving average is GBX 395.97 and its 200-day moving average is GBX 384.76. Watches of Switzerland Group has a 52-week low of GBX 324 ($4.26) and a 52-week high of GBX 728 ($9.57). The company has a quick ratio of 0.48, a current ratio of 1.95 and a debt-to-equity ratio of 109.69.

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.