Wolters Kluwer (WTKWY) Rating Increased to Strong-Buy at Zacks Investment Research
Wolters Kluwer (NASDAQ:WTKWY) was upgraded by Zacks Investment Research from a “hold” rating to a “strong-buy” rating in a research note issued on Thursday. The brokerage presently has a $48.00 price objective on the stock. Zacks Investment Research’s price target suggests a potential upside of 14.70% from the company’s previous close.
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. “
Shares of Wolters Kluwer (NASDAQ:WTKWY) traded down 1.00% on Thursday, reaching $41.43. The company had a trading volume of 6,111 shares. The stock has a market cap of $12.08 billion and a PE ratio of 23.96. Wolters Kluwer has a 12 month low of $30.78 and a 12 month high of $43.54. The stock has a 50-day moving average price of $42.55 and a 200-day moving average price of $40.59.
About Wolters Kluwer
Wolters Kluwer nv is an information services and solutions provider for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. The Company maintains operations across North America, Europe, Asia Pacific and Rest of the World. The Company’s four operating divisions include Health; Tax & Accounting; Governance, Risk & Compliance, and Legal & Regulatory.
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