Brokerages Set Watches of Switzerland Group plc (LON:WOSG) Price Target at GBX 480

Watches of Switzerland Group plc (LON:WOSG) has received an average recommendation of “Moderate Buy” from the five ratings firms that are presently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is GBX 480 ($6.10).

Several analysts recently weighed in on the company. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 575 ($7.31) price objective on shares of Watches of Switzerland Group in a research note on Friday, December 6th. Shore Capital reaffirmed a “not rated” rating on shares of Watches of Switzerland Group in a research note on Friday, December 6th.

Watches of Switzerland Group Price Performance

Shares of WOSG opened at GBX 477.05 ($6.06) on Tuesday. The stock has a 50 day simple moving average of GBX 532.83 and a 200 day simple moving average of GBX 479.61. The firm has a market capitalization of £1.15 billion, a PE ratio of 19.36, a P/E/G ratio of 1.56 and a beta of 2.17. The company has a debt-to-equity ratio of 109.69, a quick ratio of 0.48 and a current ratio of 1.95. Watches of Switzerland Group has a 52-week low of GBX 324 ($4.12) and a 52-week high of GBX 600 ($7.62).

Watches of Switzerland Group (LON:WOSG) last released 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 return on equity of 11.38% and a net margin of 3.84%. Sell-side analysts predict that Watches of Switzerland Group will post 42.739726 EPS for the current fiscal year.

About Watches of Switzerland Group

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 (US) and Analog:Shift (US) with a complementary jewellery offering.