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

Jefferies Financial Group reissued their hold rating on shares of Watches of Switzerland Group (LON:WOSG) in a research note issued to investors on Friday, MarketBeat.com reports. Jefferies Financial Group currently has a GBX 740 price target on the stock.

Separately, Royal Bank Of Canada raised Watches of Switzerland Group to a “sector perform” rating and boosted their target price for the company from GBX 725 to GBX 800 in a research note on Tuesday, July 28th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Watches of Switzerland Group currently has a consensus rating of “Hold” and a consensus price target of GBX 696.67.

Watches of Switzerland Group Price Performance

Shares of LON:WOSG opened at GBX 677.70 on Friday. The company has a quick ratio of 0.48, a current ratio of 1.91 and a debt-to-equity ratio of 87.18. The stock has a market cap of £1.57 billion, a PE ratio of 15.91, a PEG ratio of 1.56 and a beta of 1.87. The company’s fifty day moving average is GBX 726.20 and its 200 day moving average is GBX 621.14. Watches of Switzerland Group has a 52 week low of GBX 340 and a 52 week high of GBX 801.50.

Watches of Switzerland Group (LON:WOSG) last posted its quarterly earnings results on Tuesday, July 14th. The company reported GBX 45.20 earnings per share (EPS) for the quarter. Watches of Switzerland Group had a net margin of 5.42% and a return on equity of 16.31%. Research analysts anticipate that Watches of Switzerland Group will post 42.739726 earnings per share for the current year.

Watches of Switzerland Group Company Profile

Established in 2007 the Watches of Switzerland Group is the UK’s largest luxury watch retailer, operating in the US and UK comprising eight prestigious brands; Watches of Switzerland (UK and US), Mappin & Webb (UK), Goldsmiths (UK), Mayors (US), Betteridge (US), Deutsch & Deutsch (US), Analog:Shift (US) and Hodinkee (US), with a complementary jewellery offering. Since 8 May 2024, the Group has also owned the exclusive distribution rights for Roberto Coin in the USA, Canada, Central America and the Caribbean.