Wynnstay Group (LON:WYN) Price Target Cut to GBX 430 by Analysts at Canaccord Genuity Group

Wynnstay Group (LON:WYN) had its price objective dropped by investment analysts at Canaccord Genuity Group from GBX 470 ($5.85) to GBX 430 ($5.35) in a research note issued on Thursday,Digital Look reports. The brokerage presently has a “buy” rating on the stock. Canaccord Genuity Group’s price target points to a potential upside of 32.31% from the stock’s current price.

Separately, Shore Capital restated a “house stock” rating on shares of Wynnstay Group in a research report on Tuesday.

Wynnstay Group Stock Up 3.2 %

Shares of WYN traded up GBX 10 ($0.12) during mid-day trading on Thursday, hitting GBX 325 ($4.05). 118,212 shares of the company traded hands, compared to its average volume of 30,539. The company has a quick ratio of 1.03, a current ratio of 2.00 and a debt-to-equity ratio of 14.36. Wynnstay Group has a 1-year low of GBX 270 ($3.36) and a 1-year high of GBX 418.50 ($5.21). The company has a market capitalization of £74.75 million, a PE ratio of 1,300.00 and a beta of 0.58. The business has a 50 day moving average of GBX 299.59 and a 200 day moving average of GBX 318.41.

Wynnstay Group (LON:WYN) last posted its quarterly earnings data on Tuesday, February 11th. The company reported GBX 23.78 ($0.30) EPS for the quarter. Wynnstay Group had a return on equity of 4.40% and a net margin of 0.90%. Equities research analysts anticipate that Wynnstay Group will post 24.9054054 EPS for the current year.

Insider Buying and Selling at Wynnstay Group

In related news, insider Gareth Davies sold 3,304 shares of the company’s stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of GBX 322 ($4.01), for a total transaction of £10,638.88 ($13,242.32). 26.31% of the stock is currently owned by insiders.

Wynnstay Group Company Profile

Wynnstay is a leading UK provider of agricultural supplies and services to farmers and rural communities, mainly in England and Wales. It manufactures and supplies a comprehensive range of agricultural inputs for both livestock and arable farmers, including feed, seed and fertiliser. Through its crop marketing arm, GrainLink, it also provides a channel for arable farmers to sell their grain, and its specialist teams provide advice on the latest farming techniques, including environmental measures, and animal health and nutrition.

Wynnstay supplies both direct-to-farm and via its extensive network of depots.