Royal Bank Of Canada Cuts Warpaint London (LON:W7L) Price Target to GBX 440

Key Points

• Royal Bank of Canada has reduced Warpaint London’s price target from GBX 700 to GBX 440, while maintaining an "outperform" rating.
• Despite the price target cut, analysts indicate a potential upside of 104.65% from Warpaint's current stock price of GBX 215.
• Currently, Warpaint London has an average "Buy" rating from analysts and a forecasted earnings per share of 25.18 for the current fiscal year.

Warpaint London (LON:W7L - Get Free Report) had its target price cut by investment analysts at Royal Bank Of Canada from GBX 700 to GBX 440 in a research note issued to investors on Tuesday, MarketBeat Ratings reports. The firm currently has an "outperform" rating on the stock. Royal Bank Of Canada's price objective would indicate a potential upside of 104.65% from the company's current price.

Several other equities analysts have also recently weighed in on the company. Shore Capital reaffirmed a "house stock" rating on shares of Warpaint London in a report on Wednesday, September 10th. Berenberg Bank cut their price target on shares of Warpaint London from GBX 700 to GBX 510 and set a "buy" rating for the company in a report on Wednesday, September 10th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of "Buy" and an average target price of GBX 475.

Warpaint London Stock Performance

W7L stock traded down GBX 5 during trading hours on Tuesday, hitting GBX 215. 197,477 shares of the stock were exchanged, compared to its average volume of 397,189. Warpaint London has a 12 month low of GBX 195 and a 12 month high of GBX 580. The company has a current ratio of 3.46, a quick ratio of 1.56 and a debt-to-equity ratio of 2.55. The firm has a market capitalization of £173.69 million, a P/E ratio of 1,089.16 and a beta of 0.60. The company has a 50-day simple moving average of GBX 284.78 and a two-hundred day simple moving average of GBX 368.42.

Warpaint London (LON:W7L - Get Free Report) last released its quarterly earnings results on Wednesday, September 10th. The company reported GBX 8.52 EPS for the quarter. Warpaint London had a net margin of 17.35% and a return on equity of 35.04%. On average, analysts forecast 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.

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