Watches of Switzerland Group’s (WOSG) “Hold” Rating Reiterated at Stifel Nicolaus

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

Other analysts have also issued research reports about the stock. Shore Capital reissued a not rated rating on shares of Watches of Switzerland Group in a research report on Tuesday. Jefferies Financial Group restated a buy rating and set a GBX 440 ($5.79) price objective on shares of Watches of Switzerland Group in a research note on Tuesday. Deutsche Bank Aktiengesellschaft lifted their target price on Watches of Switzerland Group from GBX 420 ($5.52) to GBX 435 ($5.72) and gave the company a hold rating in a research report on Friday, June 28th. Finally, Royal Bank of Canada increased their price target on Watches of Switzerland Group from GBX 500 ($6.57) to GBX 520 ($6.84) and gave the company an outperform rating in a research report on Tuesday, July 2nd. Two equities 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.com, the stock presently has an average rating of Moderate Buy and a consensus target price of GBX 474.17 ($6.23).

Watches of Switzerland Group Stock Down 3.3 %

Shares of Watches of Switzerland Group stock opened at GBX 386.80 ($5.09) on Wednesday. The firm has a market cap of £926.66 million, a PE ratio of 1,547.20, a P/E/G ratio of 0.98 and a beta of 2.16. The business’s 50 day simple moving average is GBX 397.62 and its 200 day simple moving average is GBX 385.22. 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 ($4.26) and a 52-week high of GBX 728 ($9.57).

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.