Wolters Kluwer (WTKWY) Rating Increased to Strong-Buy at Zacks Investment Research
Wolters Kluwer (NASDAQ:WTKWY) was upgraded by Zacks Investment Research from a “hold” rating to a “strong-buy” rating in a note issued to investors on Thursday. The brokerage currently has a $48.00 price target on the stock. Zacks Investment Research’s target price points to a potential upside of 14.70% from the company’s current price.
According to Zacks, “WOLTERS KLUWER is a leading global information services and publishing company. The company provides products and services globally for professionals in the health, tax, accounting, corporate, financial services, legal, and regulatory sectors. Wolters Kluwer maintains operations in over 33 countries across Europe, North America, and Asia Pacific and employs approximately 19,500 people worldwide. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Its shares are quoted on the Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. “
Wolters Kluwer (NASDAQ:WTKWY) traded down 1.00% during trading on Thursday, hitting $41.43. The stock had a trading volume of 6,111 shares. The company has a market capitalization of $12.08 billion and a P/E ratio of 23.96. The stock’s 50-day moving average price is $42.55 and its 200-day moving average price is $40.59. Wolters Kluwer has a 1-year low of $30.78 and a 1-year high of $43.54.
About Wolters Kluwer
Wolters Kluwer nv is an information services and solutions provider for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. The Company maintains operations across North America, Europe, Asia Pacific and Rest of the World. The Company’s four operating divisions include Health; Tax & Accounting; Governance, Risk & Compliance, and Legal & Regulatory.
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