Peel Hunt Reiterates “Add” Rating for Watchstone Group (WTG)

Watchstone Group (LON:WTG)‘s stock had its “add” rating reiterated by analysts at Peel Hunt in a research note issued on Friday. They presently have a GBX 140 ($1.95) price objective on the stock. Peel Hunt’s target price points to a potential upside of 36.59% from the stock’s current price.

Shares of WTG opened at GBX 102.50 ($1.43) on Friday. Watchstone Group has a 12 month low of GBX 80 ($1.12) and a 12 month high of GBX 174.50 ($2.43).

Watchstone Group (LON:WTG) last issued its quarterly earnings results on Friday, April 27th. The company reported GBX (8) (($0.11)) EPS for the quarter, beating the Zacks’ consensus estimate of GBX (9.80) (($0.14)) by GBX 1.80 ($0.03). Watchstone Group had a negative net margin of 5.15% and a negative return on equity of 4.36%.

Watchstone Group Company Profile

Watchstone Group plc offers technology solutions to the insurance, automotive and healthcare industries. Its segments include Hubio, Healthcare (pt Health and InnoCare), and ingenie. Hubio provides integrated solutions to help organizations in the insurance and automotive sectors to build customer engagement and enable usage-based personalization.

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