Berenberg Bank Lowers Warpaint London (LON:W7L) Price Target to GBX 510

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 price objective dropped by analysts at Berenberg Bank from GBX 700 to GBX 510 in a report released on Wednesday, MarketBeat Ratings reports. The brokerage presently has a "buy" rating on the stock. Berenberg Bank's target price would suggest a potential upside of 127.68% from the stock's current price.

Separately, Shore Capital reiterated a "house stock" rating on shares of Warpaint London in a research note on Tuesday, June 17th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of GBX 510.

Warpaint London Stock Down 1.8%

Shares of Warpaint London stock traded down GBX 4 during midday trading on Wednesday, reaching GBX 224. 961,297 shares of the company's stock traded hands, compared to its average volume of 394,501. The company has a market cap of £180.96 million, a price-to-earnings ratio of 959.73 and a beta of 0.60. The company's 50 day simple moving average is GBX 348.64 and its 200 day simple moving average is GBX 385.46. The company has a debt-to-equity ratio of 2.55, a quick ratio of 1.56 and a current ratio of 3.46. Warpaint London has a 52 week low of GBX 210 and a 52 week high of GBX 590.

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%. Equities analysts expect that Warpaint London will post 25.1837335 earnings per share 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.