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

Watches of Switzerland Group (LON:WOSG) had its price target lifted by Deutsche Bank Aktiengesellschaft from GBX 420 ($5.33) to GBX 435 ($5.52) in a research note released on Friday, MarketBeat Ratings reports. They currently have a hold rating on the stock.

Several other research firms have also recently commented on WOSG. Citigroup restated a buy rating and set a GBX 440 ($5.58) target price on shares of Watches of Switzerland Group in a research report on Tuesday, April 23rd. Royal Bank of Canada cut their price objective on Watches of Switzerland Group from GBX 475 ($6.03) to GBX 425 ($5.39) and set an outperform rating for the company in a report on Tuesday, April 23rd. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Watches of Switzerland Group currently has a consensus rating of Moderate Buy and a consensus target price of GBX 470 ($5.96).

Watches of Switzerland Group Price Performance

Watches of Switzerland Group stock opened at GBX 414 ($5.25) on Friday. Watches of Switzerland Group has a 52 week low of GBX 324 ($4.11) and a 52 week high of GBX 789 ($10.01). The business has a 50-day simple moving average of GBX 381.83 and a 200 day simple moving average of GBX 433.01. The company has a quick ratio of 0.48, a current ratio of 1.69 and a debt-to-equity ratio of 102.29. The stock has a market cap of £991.82 million, a price-to-earnings ratio of 940.91, a PEG ratio of 1.11 and a beta of 2.07.

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.