FinnCap Initiates Coverage on Wyg Plc (LON:WYG)
Investment analysts at FinnCap began coverage on shares of Wyg Plc (LON:WYG) in a report released on Thursday. The brokerage set a “buy” rating and a GBX 124 ($1.64) price target on the stock. FinnCap’s price target indicates a potential upside of 29.17% from the stock’s current price.
Separately, N+1 Singer restated a “corporate” rating on shares of Wyg Plc in a report on Wednesday, April 12th.
Shares of Wyg Plc (WYG) opened at 96.00 on Thursday. Wyg Plc has a one year low of GBX 90.00 and a one year high of GBX 138.00. The company’s market cap is GBX 67.10 million. The company’s 50 day moving average is GBX 96.85 and its 200 day moving average is GBX 107.26.
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In related news, insider Douglas McCormick acquired 10,250 shares of the firm’s stock in a transaction that occurred on Wednesday, July 5th. The stock was acquired at an average price of GBX 98 ($1.29) per share, for a total transaction of £10,045 ($13,250.23). Also, insider Paul Hamer sold 129,235 shares of the firm’s stock in a transaction dated Wednesday, June 7th. The stock was sold at an average price of GBX 101 ($1.33), for a total transaction of £130,527.35 ($172,176.96).
Wyg Plc Company Profile
WYG plc is a global project management and technical consultancy. The Company is engaged in creating and managing strategic assets by engaging with clients in the early stages of a project, and continuing to advise them throughout its lifecycle. The Company’s segments are UK; EAA (Europe, Africa and Asia), and MENA (Middle East & North Africa, including Turkey).
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