Lun. Dic 23rd, 2024

Watches of Switzerland Group (LON:WOSG – Get Free Report)’s stock had its “buy” rating reissued by equities researchers at Jefferies Financial Group in a report released on Friday, MarketBeat reports. They presently have a GBX 575 ($7.33) price objective on the stock. Jefferies Financial Group’s price objective points to a potential upside of 2.31% from the stock’s previous close.Other equities analysts have also issued reports about the company. Shore Capital reaffirmed a “not rated” rating on shares of Watches of Switzerland Group in a report on Friday. Stifel Nicolaus restated a “hold” rating and issued a GBX 430 ($5.48) price objective on shares of Watches of Switzerland Group in a research note on Wednesday, September 4th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 496.67 ($6.33).Get Our Latest Analysis on Watches of Switzerland GroupWatches of Switzerland Group Stock Down 1.4 %Shares of WOSG stock traded down GBX 8 ($0.10) during trading hours on Friday, reaching GBX 562 ($7.16). The company had a trading volume of 1,237,355 shares, compared to its average volume of 912,610. The business has a fifty day simple moving average of GBX 455.40 and a 200-day simple moving average of GBX 419.30. Watches of Switzerland Group has a 12 month low of GBX 324 ($4.13) and a 12 month high of GBX 728 ($9.28). The company has a market cap of £1.35 billion, a price-to-earnings ratio of 2,248.00, a price-to-earnings-growth 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. Ad DTIWhy I’m telling friends to avoid gold stocksBack in November, gold made a tiny move of 1.6%.
But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week.
It happened again in March. Gold nudged up 1.2%.
This time? A 104% overnight gain.
And in June? A 1% gold move turned into a 74% gain in two weeks.
Granted, there would have been smaller wins and those that did not work out, but you see, there’s a reason I’m telling all my friends to hold off from buying gold or regular gold stocks right now.
There’s a more lucrative way to play the gold market as we enter a new breakout period.
It’s all about catching what I call “Acceleration Cycles.”And if you’d like to get your hands on this, here you go, the complete breakdown.Watches of Switzerland Group Company Profile(Get Free Report)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 gif 

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