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

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

Separately, Canaccord Genuity Group dropped their target price on Wilmington from GBX 475 to GBX 445 and set a “buy” rating on the stock in a research report on Monday, August 3rd. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Wilmington has an average rating of “Buy” and an average target price of GBX 458.33.

Wilmington Stock Performance

LON WIL opened at GBX 280 on Tuesday. The firm has a market cap of £251.05 million, a P/E ratio of 23.29, a price-to-earnings-growth ratio of 1.44 and a beta of 0.32. The company has a quick ratio of 0.86, a current ratio of 0.75 and a debt-to-equity ratio of 62.24. The company’s 50 day moving average is GBX 272.82 and its 200-day moving average is GBX 260.54. Wilmington has a 12-month low of GBX 230 and a 12-month high of GBX 360.

Wilmington (LON:WIL) last released its quarterly earnings data on Tuesday, September 29th. The company reported GBX 25.14 EPS for the quarter. Wilmington had a net margin of 9.29% and a return on equity of 10.05%. Sell-side analysts predict that Wilmington will post 21.5300004 earnings per share for the current year.

Wilmington News Roundup

Here are the key news stories impacting Wilmington this week:

• Positive Sentiment: Canaccord raises price target to GBX 470: Canaccord Genuity increased its target for Wilmington from GBX 445 to GBX 470 and reiterated a “buy” rating. The upgrade suggests the broker sees further upside based on its assessment of the company’s earnings prospects and valuation. Wilmington Stock Price Target Raised at Canaccord Genuity Group
• Positive Sentiment: Performance-based share awards issued: Wilmington granted equity incentives to senior executives and other employees. The awards could help retain and motivate key staff by linking compensation to company performance, aligning management with shareholders. Wilmington Issues New Performance-Based Share Awards to Senior Executives
• Neutral Sentiment: Potential dilution from share awards: Although the incentive plan is performance-based, issuing new equity can modestly dilute existing shareholders if awards vest. The announcement did not provide enough detail to quantify the potential impact.
• Neutral Sentiment: Most remaining headlines are unrelated: Articles about a Wilmington cemetery, crime, local businesses, community events, housing, sports and environmental research concern US cities named Wilmington—not Wilmington plc—and should not affect the company’s earnings or valuation.

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.