Canaccord Genuity Group Cuts Wynnstay Group (LON:WYN) Price Target to GBX 430

Wynnstay Group (LON:WYN) had its price target lowered by Canaccord Genuity Group from GBX 470 ($5.92) to GBX 430 ($5.41) in a research report sent to investors on Thursday morning, Marketbeat.com reports. The firm currently has a buy rating on the stock.

Separately, Shore Capital reiterated a “house stock” rating on shares of Wynnstay Group in a research report on Tuesday, February 11th.

Wynnstay Group Stock Up 2.3 %

Shares of LON:WYN opened at GBX 327.50 ($4.12) on Thursday. Wynnstay Group has a 12-month low of GBX 270 ($3.40) and a 12-month high of GBX 417.50 ($5.25). The company has a current ratio of 2.00, a quick ratio of 1.03 and a debt-to-equity ratio of 11.53. The firm has a market cap of £75.47 million, a PE ratio of 12.16 and a beta of 0.58. The company has a fifty day simple moving average of GBX 300.18 and a 200 day simple moving average of GBX 318.16.

Wynnstay Group (LON:WYN) last issued its earnings results on Tuesday, February 11th. The company reported GBX 23.78 ($0.30) earnings per share (EPS) for the quarter. Wynnstay Group had a net margin of 0.97% and a return on equity of 4.69%. On average, equities research analysts anticipate that Wynnstay Group will post 24.9054054 EPS for the current fiscal year.

Insider Buying and Selling

In other Wynnstay Group news, insider Gareth Davies sold 3,304 shares of Wynnstay Group stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of GBX 322 ($4.05), for a total value of £10,638.88 ($13,390.66). 26.31% of the stock is owned by company 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.