Watches of Switzerland Group (LON:WOSG) Price Target Raised to GBX 435 at Deutsche Bank Aktiengesellschaft

Watches of Switzerland Group (LON:WOSG) had its price objective hoisted by Deutsche Bank Aktiengesellschaft from GBX 420 ($5.31) to GBX 435 ($5.50) in a report released on Friday, MarketBeat reports. The firm currently has a hold rating on the stock.

A number of other analysts have also commented on WOSG. Royal Bank of Canada reduced their price target on shares of Watches of Switzerland Group from GBX 475 ($6.01) to GBX 425 ($5.38) and set an outperform rating for the company in a research note on Tuesday, April 23rd. Citigroup reiterated a buy rating and set a GBX 440 ($5.57) target price on shares of Watches of Switzerland Group in a research note on Tuesday, April 23rd. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of Moderate Buy and an average price target of GBX 470 ($5.94).

Watches of Switzerland Group Stock Down 0.9 %

WOSG stock opened at GBX 410.20 ($5.19) on Friday. The company has a debt-to-equity ratio of 102.29, a current ratio of 1.69 and a quick ratio of 0.48. Watches of Switzerland Group has a 1-year low of GBX 324 ($4.10) and a 1-year high of GBX 789 ($9.98). The stock has a market capitalization of £982.72 million, a P/E ratio of 932.27, a P/E/G ratio of 1.11 and a beta of 2.07. The business has a fifty day moving average price of GBX 381.83 and a 200-day moving average price of GBX 433.01.

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.