Wynnstay Group (LON:WYN) Given “House Stock” Rating at Shore Capital

Wynnstay Group (LON:WYN)‘s stock had its “house stock” rating reissued by Shore Capital in a research report issued on Tuesday,Digital Look reports.

Separately, Canaccord Genuity Group cut their target price on Wynnstay Group from GBX 470 ($6.07) to GBX 430 ($5.56) and set a “buy” rating on the stock in a report on Thursday, February 13th.

Wynnstay Group Stock Down 1.6 %

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

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

Insider Activity

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