Watches of Switzerland Group’s (WOSG) Not Rated Rating Reiterated at Shore Capital

Shore Capital reaffirmed their not rated rating on shares of Watches of Switzerland Group (LON:WOSG) in a report published on Friday morning, MarketBeat reports.

Several other equities research analysts also recently commented on the company. Stifel Nicolaus reaffirmed a “hold” rating and set a GBX 430 ($5.48) target price on shares of Watches of Switzerland Group in a report on Wednesday, September 4th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 440 ($5.61) price target on shares of Watches of Switzerland Group in a research note on Tuesday, September 3rd. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, Watches of Switzerland Group presently has a consensus rating of “Moderate Buy” and an average price target of GBX 496.67 ($6.33).

Watches of Switzerland Group Stock Performance

Shares of WOSG opened at GBX 562 ($7.16) on Friday. The stock has a market capitalization of £1.35 billion, a PE ratio of 2,248.00, a price-to-earnings-growth ratio of 1.56 and a beta of 2.17. Watches of Switzerland Group has a 12-month low of GBX 324 ($4.13) and a 12-month high of GBX 728 ($9.28). The business’s fifty day moving average price is GBX 455.40 and its 200 day moving average price is GBX 419.42. The company has a debt-to-equity ratio of 109.69, a current ratio of 1.95 and a quick ratio of 0.48.

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.