Wincanton plc’s (LON:WIN) Buy Rating Reaffirmed at Numis Securities Ltd

Numis Securities Ltd reaffirmed their buy rating on shares of Wincanton plc (LON:WIN) in a research report released on Thursday, June 29th. They currently have a GBX 400 ($5.21) price target on the stock.

Several other equities research analysts also recently commented on WIN. Liberum Capital lifted their price objective on shares of Wincanton plc from GBX 290 ($3.78) to GBX 375 ($4.89) and gave the stock a buy rating in a research note on Tuesday, May 23rd. Canaccord Genuity reiterated a buy rating and set a GBX 322 ($4.19) price objective on shares of Wincanton plc in a research note on Wednesday, May 17th.

Shares of Wincanton plc (WIN) traded up 1.58% during trading on Thursday, reaching GBX 256.50. 34,709 shares of the company were exchanged. Wincanton plc has a 1-year low of GBX 175.25 and a 1-year high of GBX 309.00. The firm’s market capitalization is GBX 319.45 million. The company’s 50-day moving average is GBX 268.07 and its 200 day moving average is GBX 271.12.

COPYRIGHT VIOLATION WARNING: This story was first reported by Chaffey Breeze and is the property of of Chaffey Breeze. If you are viewing this story on another publication, it was stolen and reposted in violation of US & international copyright and trademark legislation. The legal version of this story can be read at https://www.chaffeybreeze.com/2017/07/30/wincanton-plc-lonwin-stock-rating-reaffirmed-by-numis-securities-ltd-updated-updated-updated.html.

The business also recently disclosed a dividend, which will be paid on Friday, August 4th. Stockholders of record on Thursday, July 6th will be paid a dividend of GBX 6.10 ($0.08) per share. This is an increase from Wincanton plc’s previous dividend of $3.00. This represents a dividend yield of 2.06%. The ex-dividend date of this dividend is Thursday, July 6th.

In related news, insider Adrian Colman sold 520,891 shares of the firm’s stock in a transaction on Monday, June 5th. The shares were sold at an average price of GBX 305 ($3.97), for a total transaction of £1,588,717.55 ($2,069,720.62).

Wincanton plc Company Profile

Wincanton plc is a provider of supply chain solutions. The Company operates through two segments: Retail & Consumer, and Industrial & Transport. Its Retail & Consumer segment focuses on consumer products business and brings to customers through the entire supply chain from producer to retailer, and Industrial & Transport segment focuses on an integrated and optimized transport operation, and includes Containers business and Pullman business.

Receive News & Ratings for Wincanton plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wincanton plc and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply