Berenberg Bank Reiterates Buy Rating for Wilmington (LON:WIL)

Key Points

• Berenberg Bank has reiterated a buy rating for Wilmington (LON:WIL) with a price objective of GBX 460, indicating a potential upside of 35.29% from its current price.
• Canaccord Genuity also maintains a buy rating for the stock, setting a price target of GBX 450, supported by an average price target of GBX 455 from multiple analysts.
• Wilmington reported earnings of GBX 23.72 per share in its last quarterly results, with analysts predicting an EPS of 21.53 for the current year.

Wilmington (LON:WIL - Get Free Report)'s stock had its "buy" rating reiterated by stock analysts at Berenberg Bank in a research note issued on Monday,Digital Look reports. They currently have a GBX 460 price objective on the stock. Berenberg Bank's price objective suggests a potential upside of 35.29% from the stock's current price.

Separately, Canaccord Genuity Group restated a "buy" rating and set a GBX 450 price target on shares of Wilmington in a report on Tuesday, August 19th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of GBX 455.

Wilmington Trading Up 1.5%

Shares of LON WIL opened at GBX 340 on Monday. The company has a quick ratio of 0.86, a current ratio of 1.70 and a debt-to-equity ratio of 2.45. Wilmington has a 12 month low of GBX 303 and a 12 month high of GBX 418. The company has a market cap of £302.72 million, a price-to-earnings ratio of 841.17, a P/E/G ratio of 1.44 and a beta of 0.84. The business has a fifty day simple moving average of GBX 339.30 and a 200-day simple moving average of GBX 347.35.

Wilmington (LON:WIL - Get Free Report) last posted its quarterly earnings data on Monday, September 22nd. The company reported GBX 23.72 earnings per share (EPS) for the quarter. Wilmington had a return on equity of 18.71% and a net margin of 18.89%. Sell-side analysts predict that Wilmington will post 21.5300004 EPS for the current year.

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.

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