Watches of Switzerland Group’s (WOSG) Overweight Rating Reiterated at Barclays

Barclays restated their overweight rating on shares of Watches of Switzerland Group (LON:WOSGGet Rating) in a research report report published on Wednesday, Marketbeat.com reports. The brokerage currently has a GBX 1,610 ($19.85) price objective on the stock.

Watches of Switzerland Group stock opened at GBX 901.50 ($11.11) on Wednesday. The firm’s 50 day simple moving average is GBX 1,066.72 and its 200 day simple moving average is GBX 1,223.93. The company has a current ratio of 1.72, a quick ratio of 0.69 and a debt-to-equity ratio of 136.84. The firm has a market capitalization of £2.16 billion and a PE ratio of 29.46. Watches of Switzerland Group has a 1-year low of GBX 763 ($9.41) and a 1-year high of GBX 1,600 ($19.72).

In other Watches of Switzerland Group news, insider Teresa Colaianni bought 8,818 shares of Watches of Switzerland Group stock in a transaction that occurred on Friday, March 25th. The shares were bought at an average price of GBX 1,122 ($13.83) per share, with a total value of £98,937.96 ($121,964.94). Also, insider Ian Carter bought 8,700 shares of Watches of Switzerland Group stock in a transaction that occurred on Monday, March 28th. The shares were acquired at an average cost of GBX 1,146 ($14.13) per share, for a total transaction of £99,702 ($122,906.80).

Watches of Switzerland Group Company Profile (Get Rating)

Watches of Switzerland Group PLC operates as a retailer of luxury watches. It offers luxury watches and jewelry; fashion and classic watches and jewelry; and gifts. The company operates 118 stores in the United Kingdom and 30 stores in the United States, as well as through six transactional websites under the Goldsmiths, Mappin & Webb, Watches of Switzerland, Mayors Jewelers, and Analog Shift brands.

See Also

Receive News & Ratings for Watches of Switzerland Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Watches of Switzerland Group and related companies with MarketBeat.com's FREE daily email newsletter.