Warpaint London (LON:W7L) Price Target Cut to GBX 510 by Analysts at Berenberg Bank

Key Points

• Berenberg Bank has lowered its price target for Warpaint London (LON:W7L) from GBX 700 to GBX 510, while still maintaining a "buy" rating, indicating a potential upside of 121.74% from the current price.
• Warpaint London reported earnings of GBX 8.52 EPS for the quarter ending September 10th, with a net margin of 17.35% and a return on equity of 35.04%.
• Currently, Warpaint London holds an average rating of "buy" with a consensus price target also set at GBX 510, despite recent pessimistic forecasts from analysts.

Warpaint London (LON:W7L - Get Free Report) had its target price dropped by Berenberg Bank from GBX 700 to GBX 510 in a note issued to investors on Wednesday, Marketbeat reports. The brokerage currently has a "buy" rating on the stock. Berenberg Bank's price target suggests a potential upside of 123.68% from the stock's current price.

Separately, Shore Capital reiterated a "house stock" rating on shares of Warpaint London in a research report on Tuesday, June 17th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of "Buy" and a consensus target price of GBX 510.

Warpaint London Stock Performance

W7L traded up GBX 8 during trading on Wednesday, hitting GBX 228. The company's stock had a trading volume of 2,958,719 shares, compared to its average volume of 391,299. The company has a quick ratio of 1.56, a current ratio of 3.46 and a debt-to-equity ratio of 2.55. Warpaint London has a one year low of GBX 210 and a one year high of GBX 590. The firm has a market cap of £184.19 million, a PE ratio of 976.86 and a beta of 0.60. The business's 50 day simple moving average is GBX 348.64 and its 200-day simple moving average is GBX 385.32.

Warpaint London (LON:W7L - Get Free Report) last released its quarterly earnings results on Wednesday, September 10th. The company reported GBX 8.52 earnings per share for the quarter. Warpaint London had a net margin of 17.35% and a return on equity of 35.04%. As a group, sell-side analysts predict that Warpaint London will post 25.1837335 EPS for the current fiscal year.

About Warpaint London

Warpaint London PLC, together with its subsidiaries, provides color cosmetics. It operates through two segments, Branded and Close-Out. The company offers its cosmetic skincare products under the W7, Technic, Man'stuff, Body Collection, Very Vegan, and Chit Chat brand names. It also provides supply chain management services.