Deutsche Bank Aktiengesellschaft Forecasts Strong Price Appreciation for Watches of Switzerland Group (LON:WOSG) Stock

Watches of Switzerland Group (LON:WOSGGet Free Report) had its price objective boosted by stock analysts at Deutsche Bank Aktiengesellschaft from GBX 450 to GBX 550 in a report issued on Friday, MarketBeat reports. The brokerage presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target suggests a potential upside of 14.44% from the company’s previous close.

Several other equities analysts also recently issued reports on the stock. Shore Capital reaffirmed a “no recommendation” rating on shares of Watches of Switzerland Group in a research note on Wednesday, September 3rd. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a GBX 375 target price on shares of Watches of Switzerland Group in a research report on Monday, October 20th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 440 target price on shares of Watches of Switzerland Group in a report on Wednesday, October 15th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of GBX 455.

Check Out Our Latest Research Report on Watches of Switzerland Group

Watches of Switzerland Group Trading Down 0.2%

LON WOSG opened at GBX 480.60 on Friday. The company’s 50-day simple moving average is GBX 399.78 and its two-hundred day simple moving average is GBX 383.57. The company has a market capitalization of £1.11 billion, a price-to-earnings ratio of 21.17, a price-to-earnings-growth ratio of 1.56 and a beta of 2.17. Watches of Switzerland Group has a one year low of GBX 315 and a one year high of GBX 600. 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 Company Profile

(Get Free Report)

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

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