Wynnstay Group (LON:WYN) Given Buy Rating at Canaccord Genuity Group

Wynnstay Group (LON:WYN)‘s stock had its “buy” rating reaffirmed by investment analysts at Canaccord Genuity Group in a research report issued to clients and investors on Thursday, MarketBeat Ratings reports. They currently have a GBX 520 ($6.57) price target on the stock. Canaccord Genuity Group’s target price indicates a potential upside of 45.66% from the company’s previous close.

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Wynnstay Group in a report on Monday, February 26th.

Wynnstay Group Price Performance

Shares of LON WYN traded down GBX 10.50 ($0.13) during mid-day trading on Thursday, hitting GBX 357 ($4.51). 27,934 shares of the stock traded hands, compared to its average volume of 38,338. The company has a debt-to-equity ratio of 15.02, a current ratio of 2.04 and a quick ratio of 1.03. Wynnstay Group has a twelve month low of GBX 296.55 ($3.75) and a twelve month high of GBX 560 ($7.08). The company has a market cap of £82.04 million, a PE ratio of 1,190.00 and a beta of 0.62. The firm has a 50 day simple moving average of GBX 373.50 and a two-hundred day simple moving average of GBX 376.40.

Wynnstay Group Company Profile

Wynnstay Group Plc manufactures and supplies agricultural products in the United Kingdom. It operates through Agriculture and Specialist Agricultural Merchanting segments. The Agriculture segment offers feeds for farm livestock, feed raw materials for farmers and other manufacturers; seeds, fertiliser and agrochemicals; and grain marketing services.