Wolters Kluwer (OTCMKTS:WTKWY) Lowered to Sell at Zacks Investment Research


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Wolters Kluwer (OTCMKTS:WTKWY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued on Thursday, Zacks.com reports.

According to Zacks, “WOLTERS KLUWER is a leading global information services and publishing company. The company provides products and services globally for professionals in the health, tax, accounting, corporate, financial services, legal, and regulatory sectors. Wolters Kluwer maintains operations in over 33 countries across Europe, North America, and Asia Pacific and employs approximately 19,500 people worldwide. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Its shares are quoted on the Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. “

Other research analysts have also recently issued research reports about the stock. Berenberg Bank restated a “hold” rating on shares of Wolters Kluwer in a research report on Wednesday, March 3rd. Morgan Stanley reiterated an “overweight” rating on shares of Wolters Kluwer in a research report on Tuesday, March 2nd. Barclays reiterated an “equal weight” rating on shares of Wolters Kluwer in a research report on Thursday, February 25th. The Goldman Sachs Group upgraded shares of Wolters Kluwer from a “sell” rating to a “neutral” rating in a research report on Monday, March 8th. Finally, Credit Suisse Group reiterated an “outperform” rating on shares of Wolters Kluwer in a research report on Thursday, February 25th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $96.00.

Wolters Kluwer stock opened at $89.48 on Thursday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.63 and a current ratio of 0.65. The business’s 50-day simple moving average is $83.41 and its 200-day simple moving average is $84.53. The firm has a market capitalization of $23.94 billion, a PE ratio of 27.53, a PEG ratio of 4.34 and a beta of 0.56. Wolters Kluwer has a 52 week low of $68.75 and a 52 week high of $92.52.

Wolters Kluwer Company Profile

Wolters Kluwer N.V., together with its subsidiaries, provides professional information, software solutions, and services in Europe, North America, the Asia Pacific, and internationally. The company operates through Health; Tax & Accounting; Governance, Risk & Compliance; and Legal & Regulatory divisions.

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Analyst Recommendations for Wolters Kluwer (OTCMKTS:WTKWY)

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