Wolters Kluwer (OTCMKTS:WTKWY) Receives $106.00 Consensus Target Price from Analysts

Wolters Kluwer (OTCMKTS:WTKWY – Get Rating) has been assigned a consensus rating of “Moderate Buy” from the ten analysts that are currently covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $106.00.

A number of analysts recently weighed in on WTKWY shares. The Goldman Sachs Group raised shares of Wolters Kluwer from a “neutral” rating to a “buy” rating in a report on Monday, July 4th. JPMorgan Chase & Co. increased their price objective on shares of Wolters Kluwer from €104.00 ($107.22) to €109.00 ($112.37) in a report on Thursday, May 5th. Finally, Morgan Stanley increased their price objective on shares of Wolters Kluwer from €115.00 ($118.56) to €120.00 ($123.71) in a report on Wednesday, July 20th.

Wolters Kluwer Trading Down 1.7 %

WTKWY stock opened at $107.48 on Monday. The company has a quick ratio of 0.87, a current ratio of 0.90 and a debt-to-equity ratio of 1.09. Wolters Kluwer has a fifty-two week low of $87.92 and a fifty-two week high of $119.17. The firm’s 50-day simple moving average is $98.29 and its 200 day simple moving average is $100.58.

Wolters Kluwer Company Profile

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Wolters Kluwer N.V. provides professional information, software solutions, and services in the Netherlands, rest of Europe, the United States, Canada, the Asia Pacific, and internationally. The company operates through four segments: Health; Tax & Accounting; Governance, Risk & Compliance; and Legal & Regulatory.