Watches of Switzerland Group plc (LON:WOSG) Receives Average Recommendation of “Moderate Buy” from Analysts

Posted by ABMN Staff on Nov 22nd, 2024

Shares of Watches of Switzerland Group plc (LON:WOSG – Get Free Report) have been assigned an average recommendation of “Moderate Buy” from the six brokerages that are presently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is GBX 474.17 ($5.97).

A number of brokerages recently issued reports on WOSG. Shore Capital reissued a “not rated” rating on shares of Watches of Switzerland Group in a research report on Friday, October 4th. Stifel Nicolaus restated a “hold” rating and issued a GBX 430 ($5.41) price target on shares of Watches of Switzerland Group in a research note on Wednesday, September 4th. Finally, Jefferies Financial Group reissued a “buy” rating and set a GBX 440 ($5.54) price target on shares of Watches of Switzerland Group in a report on Tuesday, September 3rd.

Get Our Latest Stock Analysis on Watches of Switzerland Group

Watches of Switzerland Group Price Performance

Shares of WOSG opened at GBX 447.20 ($5.63) on Friday. The stock has a 50 day simple moving average of GBX 439.44 and a 200 day simple moving average of GBX 409.46. 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 ($4.08) and a 52-week high of GBX 728 ($9.17). The firm has a market capitalization of £1.07 billion, a PE ratio of 1,788.80, a P/E/G ratio of 1.56 and a beta of 2.17.

About Watches of Switzerland Group

(Get Free Report

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.