Wincanton’s (WIN) “Buy” Rating Reaffirmed at Liberum Capital
Liberum Capital reissued their buy rating on shares of Wincanton (LON:WIN) in a research note published on Wednesday morning, Digital Look reports. They currently have a GBX 375 ($4.90) price objective on the stock.
Wincanton stock traded down GBX 10 ($0.13) during trading on Wednesday, reaching GBX 255 ($3.33). The company had a trading volume of 65,679 shares, compared to its average volume of 125,132. Wincanton has a 12-month low of GBX 210 ($2.74) and a 12-month high of GBX 275 ($3.59). The stock’s 50 day moving average price is GBX 239.16 and its two-hundred day moving average price is GBX 247. The firm has a market capitalization of $317.59 million and a price-to-earnings ratio of 7.46.
The business also recently announced a dividend, which will be paid on Friday, January 10th. Investors of record on Thursday, December 5th will be issued a GBX 3.90 ($0.05) dividend. The ex-dividend date of this dividend is Thursday, December 5th. This represents a yield of 1.5%. Wincanton’s payout ratio is 0.32%.
Wincanton plc, together with its subsidiaries, provides logistic and supply chain solutions in the United Kingdom and Ireland. It operates through Retail & Consumer and Industrial & Transport segments. The company offers contract logistics services to retail general merchandise, retail grocery, and consumer products market sectors.
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