Analysts covering Watches of Switzerland Group have raised their price targets, with UBS shifting to a Buy rating and lifting its target to 850 GBp from 600 GBp, while RBC Capital increased its target to 650 GBp from 560 GBp but maintained a Sector Perform rating. A valuation model updated its fair value estimate to £6.62 from £5.41, reflecting higher revenue growth, profit margin, and future P/E multiple assumptions alongside a lower discount rate. UBS cited structural U.S. luxury trends and a favorable brand mix as potential drivers for further earnings upgrades, while RBC Capital signaled caution on execution and expectations already priced into the stock.
Watches Of Switzerland Group PLCAnalysts raised price targets and UBS upgraded to Buy, citing structural U.S. luxury trends and favorable brand mix.
UBS Group AG