Watches of Switzerland Group’s (WOSG) Buy Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reiterated their buy rating on shares of Watches of Switzerland Group (LON:WOSG) in a research note published on Tuesday, MarketBeat.com reports. The firm currently has a GBX 440 ($5.79) target price on the stock.

WOSG has been the subject of several other research reports. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Watches of Switzerland Group from GBX 420 ($5.52) to GBX 435 ($5.72) and gave the company a hold rating in a research note on Friday, June 28th. Royal Bank of Canada increased their price objective on shares of Watches of Switzerland Group from GBX 500 ($6.57) to GBX 520 ($6.84) and gave the stock an outperform rating in a research note on Tuesday, July 2nd. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of Moderate Buy and an average price target of GBX 474.17 ($6.23).

Watches of Switzerland Group Price Performance

Shares of LON WOSG opened at GBX 373.40 ($4.91) on Tuesday. The company has a current ratio of 1.95, a quick ratio of 0.48 and a debt-to-equity ratio of 109.69. The company has a market capitalization of £894.55 million, a price-to-earnings ratio of 1,493.60, a price-to-earnings-growth ratio of 0.91 and a beta of 2.17. Watches of Switzerland Group has a twelve month low of GBX 324 ($4.26) and a twelve month high of GBX 728 ($9.57). The business has a 50 day simple moving average of GBX 395.97 and a 200-day simple moving average of GBX 385.11.

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.