Peel Hunt Boosts Watchstone Group PLC (WTG) Price Target to GBX 250
Watchstone Group PLC (LON:WTG) had its price target increased by equities research analysts at Peel Hunt from GBX 178 ($2.58) to GBX 250 ($3.62) in a report issued on Friday. The brokerage presently has a “buy” rating on the stock. Peel Hunt’s price objective would indicate a potential upside of 9.65% from the company’s current price.
Watchstone Group PLC (LON:WTG) opened at 231.0450 on Friday. The firm’s market cap is GBX 102.80 million. The company’s 50-day moving average price is GBX 221.75 and its 200-day moving average price is GBX 387.06. Watchstone Group PLC has a 52-week low of GBX 75.00 and a 52-week high of GBX 355.00.
Watchstone Group plc, formerly Quindell Plc, is a United Kingdom-based technology company. The Company is engaged in the provision of software, consulting and other services, or technology enabled business process outsourcing services. The Company is focused on serving the insurance sector. The Company delivers technology solutions or utilizes technology in providing services.