Wynnstay Group’s (WYN) House Stock Rating Reiterated at Shore Capital

Wynnstay Group (LON:WYN)‘s stock had its “house stock” rating reaffirmed by investment analysts at Shore Capital in a report released on Tuesday,Digital Look reports.

Separately, Canaccord Genuity Group reduced their price objective on shares of Wynnstay Group from GBX 470 ($6.07) to GBX 430 ($5.56) and set a “buy” rating on the stock in a research note on Thursday, February 13th.

Wynnstay Group Trading Down 1.6 %

Shares of WYN stock opened at GBX 300.20 ($3.88) on Tuesday. The stock has a market cap of £69.18 million, a P/E ratio of 11.15 and a beta of 0.58. Wynnstay Group has a 1 year low of GBX 270 ($3.49) and a 1 year high of GBX 400 ($5.17). The company has a current ratio of 2.00, a quick ratio of 1.03 and a debt-to-equity ratio of 11.53. The stock has a 50 day simple moving average of GBX 304.96 and a 200 day simple moving average of GBX 312.60.

Wynnstay Group (LON:WYN) last released its earnings results on Tuesday, February 11th. The company reported GBX 23.78 ($0.31) earnings per share for the quarter. Wynnstay Group had a return on equity of 4.69% and a net margin of 0.97%. On average, research analysts predict that Wynnstay Group will post 24.9054054 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Gareth Davies sold 3,304 shares of the firm’s stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of GBX 322 ($4.16), for a total value of £10,638.88 ($13,747.10). Also, insider Stephen John Ellwood acquired 1,500 shares of the stock in a transaction that occurred on Wednesday, February 19th. The shares were bought at an average price of GBX 328 ($4.24) per share, with a total value of £4,920 ($6,357.41). Corporate insiders own 26.31% of the company’s stock.

Wynnstay Group Company Profile

Wynnstay is a leading UK provider of agricultural supplies and services to farmers and rural communities, mainly in England and Wales. It manufactures and supplies a comprehensive range of agricultural inputs for both livestock and arable farmers, including feed, seed and fertiliser. Through its crop marketing arm, GrainLink, it also provides a channel for arable farmers to sell their grain, and its specialist teams provide advice on the latest farming techniques, including environmental measures, and animal health and nutrition.

Wynnstay supplies both direct-to-farm and via its extensive network of depots.