Watches of Switzerland Group PLC 13.0% potential upside indicated by Stifel

Watches of Switzerland Group PLC with ticker (LON:WOSG) now has a potential upside of 13.0% according to Stifel.

WOSG.L

Stifel set a target price of 430 GBX for the company, which when compared to the Watches of Switzerland Group PLC share price of 380 GBX at opening today (06/09/2024) indicates a potential upside of 13.0%. Trading has ranged between 324 (52 week low) and 728 (52 week high) with an average of 446,784 shares exchanging hands daily. The market capitalisation at the time of writing is £894,076,015.

Watches of Switzerland Group PLC is a United Kingdom-based luxury watch retailer. The Company operates in the United Kingdom, United States and Europe comprising six brands: Watches of Switzerland (United Kingdom and United States), Mappin & Webb (United Kingdom), Goldsmiths (United Kingdom), Mayors (United States), Betteridge (United States), and Analog:Shift (United States), with a complementary jewelry offering. Its estate includes multi-brand showrooms and mono-brand boutiques in the United Kingdom, Europe, and the United States, supported by ecommerce platform. The Company has approximately 222 showrooms across the United Kingdom, United States and Europe, including 98 mono-brand boutiques in partnership with Rolex, OMEGA, TAG Heuer, Breitling, TUDOR, Audemars Piguet, Grand Seiko, BVLGARI and FOPE. It also has presence in Heathrow Airport with representation in Terminals 2, 3, 4 and 5 as well as seven retail websites.