Watches of Switzerland Group (LON:WOSG) Earns Sector perform Rating from Royal Bank Of Canada

Watches of Switzerland Group (LON:WOSG)‘s stock had its “sector perform” rating reissued by equities research analysts at Royal Bank Of Canada in a note issued to investors on Monday, MarketBeat reports. They presently have a GBX 375 price target on the stock. Royal Bank Of Canada’s price objective would indicate a potential downside of 1.47% from the stock’s current price.

Several other research firms have also recently issued reports on WOSG. Deutsche Bank Aktiengesellschaft upgraded shares of Watches of Switzerland Group to a “buy” rating and set a GBX 450 price objective on the stock in a research report on Tuesday, September 2nd. Jefferies Financial Group reiterated a “buy” rating and set a GBX 440 price objective on shares of Watches of Switzerland Group in a research report on Wednesday, October 15th. Finally, Shore Capital reiterated a “no recommendation” rating on shares of Watches of Switzerland Group in a research report on Wednesday, September 3rd. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of GBX 421.67.

Watches of Switzerland Group Price Performance

Shares of LON:WOSG opened at GBX 380.60 on Monday. The company has a market capitalization of £876.07 million, a P/E ratio of 16.77, a P/E/G ratio of 1.56 and a beta of 2.17. The company has a debt-to-equity ratio of 109.69, a current ratio of 1.95 and a quick ratio of 0.48. Watches of Switzerland Group has a 1-year low of GBX 315 and a 1-year high of GBX 600. The firm’s 50 day simple moving average is GBX 353.83 and its two-hundred day simple moving average is GBX 370.05.

About Watches of Switzerland Group

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.