Wilmington’s (WIL) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank restated their buy rating on shares of Wilmington (LON:WIL) in a research note issued to investors on Thursday morning,Digital Look reports. Berenberg Bank currently has a GBX 485 target price on the stock.

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 420 price objective on shares of Wilmington in a research report on Friday, May 15th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of GBX 460.

Wilmington Price Performance

WIL stock opened at GBX 281.50 on Thursday. The stock has a market cap of £252.10 million, a PE ratio of 23.42, a P/E/G ratio of 1.44 and a beta of 0.32. Wilmington has a 12 month low of GBX 230 and a 12 month high of GBX 369. The company has a current ratio of 0.85, a quick ratio of 0.86 and a debt-to-equity ratio of 74.64. The company has a 50-day moving average price of GBX 269.39 and a 200 day moving average price of GBX 264.24.

Trending Headlines about Wilmington

Here are the key news stories impacting Wilmington this week:

• Positive Sentiment: Berenberg reaffirmed its “buy” rating on Wilmington and set a GBX 485 price target, implying substantial upside from recent trading levels. The endorsement supports the investment case for the professional information, compliance and training provider. Berenberg rating and price target
• Positive Sentiment: Wilmington’s shares recently moved above their 200-day moving average, a technical development that can be viewed positively by momentum-focused investors and suggests the stock’s medium-term trend has improved. Wilmington stock crosses 200-day moving average
• Neutral Sentiment: Wilmington disclosed a share transaction by Ruth Abdey, a person discharging managerial responsibilities. The report does not provide enough detail in the supplied information to determine the transaction’s size or whether it was a purchase or sale, limiting its immediate investment significance. Wilmington PDMR share transaction

Wilmington Company Profile

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.