Wilmington (LON:WIL) Given "Buy" Rating at Canaccord Genuity Group

Key Points

• Wilmington's stock is reaffirmed with a "Buy" rating by Canaccord Genuity Group, with a price target of GBX 450, indicating a potential upside of 32.35% from its previous close.
• Berenberg Bank has also reissued a "Buy" rating and set a price target of GBX 460 for Wilmington, contributing to a consensus Buy rating from two analysts.
• Wilmington reported GBX 23.72 EPS in its latest quarterly earnings, with net margins of 18.89% and a return on equity of 18.71%.

Canaccord Genuity Group reaffirmed their buy rating on shares of Wilmington (LON:WIL - Free Report) in a report released on Monday, Marketbeat reports. The firm currently has a GBX 450 price target on the stock.

Separately, Berenberg Bank restated a "buy" rating and set a GBX 460 price target on shares of Wilmington in a report on Monday. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus target price of GBX 455.

Wilmington Trading Up 4.3%

Shares of LON:WIL traded up GBX 14.50 during trading on Monday, reaching GBX 349.50. 122,982 shares of the company traded hands, compared to its average volume of 69,322. The firm has a market capitalization of £311.18 million, a price-to-earnings ratio of 864.67, a P/E/G ratio of 1.44 and a beta of 0.84. Wilmington has a 52-week low of GBX 303 and a 52-week high of GBX 418. The company has a current ratio of 1.70, a quick ratio of 0.86 and a debt-to-equity ratio of 2.45. The business's fifty day moving average is GBX 339.87 and its 200-day moving average is GBX 347.34.

Wilmington (LON:WIL - Get Free Report) last released its quarterly earnings data on Monday, September 22nd. The company reported GBX 23.72 earnings per share for the quarter. Wilmington had a return on equity of 18.71% and a net margin of 18.89%. As a group, analysts forecast 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.