Watches of Switzerland Group Upgraded to Sector Perform by Royal Bank Of Canada
Watches of Switzerland Group (LON:WOSG) has received an upgrade to 'sector perform' from Royal Bank Of Canada, a brokerage firm. This rating change reflects a shift in their view on the company's potential growth prospects.
The price target for Watches of Switzerland Group has been increased to GBX 800 by Royal Bank Of Canada, indicating a potential upside of 12.20% from its previous close.
This is not the only positive assessment from analysts. Jefferies Financial Group had previously issued a 'buy' rating with a price target of GBX 440 on shares of Watches of Switzerland Group in a report on Friday, May 15th.
The company's stock performance has been mixed, with a current ratio of 1.91 and a debt-to-equity ratio of 87.18. The firm has a market capitalization of £1.65 billion, a P/E ratio of 24.09, and a beta of 1.87.