Canaccord Genuity Group Has Lowered Expectations for Wilmington (LON:WIL) Stock Price

Wilmington (LON:WIL) had its target price dropped by equities researchers at Canaccord Genuity Group from GBX 475 to GBX 445 in a note issued to investors on Monday,London Stock Exchange reports. The brokerage presently has a “buy” rating on the stock. Canaccord Genuity Group’s price objective would indicate a potential upside of 52.40% from the company’s previous close.

WIL has been the topic of several other research reports. Berenberg Bank reaffirmed a “buy” rating and set a GBX 485 target price on shares of Wilmington in a research report on Thursday. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 420 target price on shares of Wilmington in a report on Friday, May 15th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Wilmington has a consensus rating of “Buy” and an average target price of GBX 450.

Wilmington Stock Performance

LON WIL opened at GBX 292 on Monday. Wilmington has a 12-month low of GBX 230 and a 12-month high of GBX 369. The company has a market cap of £261.50 million, a P/E ratio of 24.29, a PEG ratio of 1.44 and a beta of 0.32. The company has a fifty day simple moving average of GBX 269.39 and a 200 day simple moving average of GBX 264.07. The company has a current ratio of 0.85, a quick ratio of 0.86 and a debt-to-equity ratio of 74.64.

About Wilmington

Wilmington acts as trusted partner to customers who are operating in regulated sectors and in the governance, risk and compliance markets. We provide critical data and information to enable our customers to make the decisions needed to maintain compliance with the rules and regulations that apply to them; and we provide training and education to equip our customers with the knowledge and skills to carry out their activities in line with best practice.