Watches of Switzerland Group PLC 31.3% potential upside indicated by Citigroup

Watches of Switzerland Group PLC with ticker (LON:WOSG) now has a potential upside of 31.3% according to Citigroup.



Citigroup set a target price of 440 GBX for the company, which when compared to the Watches of Switzerland Group PLC share price of 335 GBX at opening today (26/04/2024) indicates a potential upside of 31.3%. Trading has ranged between 325 (52 week low) and 900 (52 week high) with an average of 859,538 shares exchanging hands daily. The market capitalisation at the time of writing is £832,746,029.

Watches of Switzerland Group PLC is a retailer of watches in the United Kingdom, United States and Europe. The Company also offers jewelry, fashion and classic & luxury watches and a range of watch and jewelry aftercare services to its customers. The Company comprises five brands: Watches of Switzerland (UK and US), Mappin & Webb (UK), Goldsmiths (UK), Mayors (US) and Betteridge (US), with a complementary jewelry offering. The Watches of Switzerland Group has approximately 192 showrooms across the United Kingdom, United States and Europe including 77 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 2, 3, 4 and 5 as well as seven retail websites.