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

Wilmington (LON:WIL) had its price objective dropped by investment analysts at Canaccord Genuity Group from GBX 475 to GBX 445 in a note issued to investors on Monday,London Stock Exchange reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity Group’s target price points to 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 price target on shares of Wilmington in a research report on Thursday. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 420 target price on shares of Wilmington in a research report on Friday, May 15th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of GBX 450.

Wilmington Price Performance

LON WIL opened at GBX 292 on Monday. The company has a quick ratio of 0.86, a current ratio of 0.85 and a debt-to-equity ratio of 74.64. Wilmington has a 12-month low of GBX 230 and a 12-month high of GBX 369. The firm’s 50 day moving average is GBX 269.39 and its 200-day moving average is GBX 264.07. The company has a market capitalization of £261.50 million, a PE ratio of 24.29, a price-to-earnings-growth ratio of 1.44 and a beta of 0.32.

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.