Watches of Switzerland Group PLC with ticker (LON:WOSG) now has a potential upside of 2.6% according to Jefferies.
WOSG.L
Jefferies set a target price of 575 GBX for the company, which when compared to the Watches of Switzerland Group PLC share price of 561 GBX at opening today (11/12/2024) indicates a potential upside of 2.6%. Trading has ranged between 324 (52 week low) and 728 (52 week high) with an average of 605,690 shares exchanging hands daily. The market capitalisation at the time of writing is £1,348,780,226.
Watches of Switzerland Group PLC is a United Kingdom-based luxury watch retailer. The Company operates in the United Kingdom and the United States comprising seven brands, such as Watches of Switzerland (the United Kingdom and the United States), Mappin & Webb (the United Kingdom), Goldsmiths (the United Kingdom ), Mayors (the United States), Betteridge (the United States), Hodinkee and Analog:Shift (the United States) with a complementary jewelry offering. The Company also owns the exclusive distribution rights for Roberto Coin in the United States, Canada, Central America and the Caribbean. The Company has approximately 221 showrooms across the United Kingdom, the United States and Europe, including 96 dedicated mono-brand boutiques in partnership with Rolex, OMEGA, TAG Heuer, Breitling, TUDOR, Audemars Piguet, Grand Seiko, BVLGARI and FOPE and has a presence in Heathrow Airport with representation in Terminals two, three, four and five as well as seven retail Websites.
Watches of Switzerland Group PLC 2.6% potential upside indicated by Jefferies
- Written by: Charlotte Edwards
Latest Company News
Watches of Switzerland Group PLC reported a 10% increase in constant currency revenue to £845 million for the first half of FY26, supported by 20% growth in the US and a 2% rise in the UK.
Watches of Switzerland reported trading in line with expectations for the 18 weeks to 31 August 2025, with strong growth in the US despite tariff announcements and continued stability in the UK. Ecommerce sales rose, supported by a site upgrade in the US, while the Certified Pre-Owned business delivered further expansion.
Watches of Switzerland Group PLC delivered record FY25 revenue of £1,652 million, up 8% at constant currency, with strong H2 growth and robust performance in both the US and UK.
Watches of Switzerland Group acquires Hodinkee, enhancing its leadership in the luxury watch market and expanding its US online presence.
