Royal Bank of Canada Reiterates “Outperform” Rating for Wincanton (WIN)

Wincanton (LON:WIN)‘s stock had its “outperform” rating reissued by stock analysts at Royal Bank of Canada in a note issued to investors on Friday. They currently have a GBX 310 ($4.05) price target on the stock. Royal Bank of Canada’s price target would suggest a potential upside of 39.01% from the stock’s previous close.

A number of other research firms have also recently issued reports on WIN. Canaccord Genuity reiterated a “buy” rating and issued a GBX 340 ($4.44) target price on shares of Wincanton in a research report on Thursday. Liberum Capital reiterated a “buy” rating on shares of Wincanton in a research report on Thursday. Finally, Numis Securities reiterated a “buy” rating on shares of Wincanton in a research report on Wednesday, August 8th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Wincanton presently has an average rating of “Buy” and a consensus price target of GBX 334 ($4.36).

Wincanton stock opened at GBX 223 ($2.91) on Friday. Wincanton has a 12-month low of GBX 185.25 ($2.42) and a 12-month high of GBX 309 ($4.04).

Wincanton Company Profile

Wincanton plc, together with its subsidiaries, provides logistic and supply chain solutions in the United Kingdom and Ireland. It operates through Retail & Consumer and Industrial & Transport segments. The company offers contract logistics services to retail general merchandise, retail grocery, and consumer products market sectors.

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Analyst Recommendations for Wincanton (LON:WIN)

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