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

Wincanton (LON:WIN)‘s stock had its “outperform” rating restated by analysts at Royal Bank of Canada in a research note issued 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 39.95% from the company’s current price.

Several other equities research analysts have also recently issued reports on WIN. Liberum Capital restated a “buy” rating on shares of Wincanton in a research report on Thursday. Canaccord Genuity restated a “buy” rating and set a GBX 340 ($4.44) price objective on shares of Wincanton in a research report on Thursday. Finally, Numis Securities restated a “buy” rating on shares of Wincanton in a research report on Wednesday, August 8th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of GBX 334 ($4.36).

Wincanton stock opened at GBX 221.50 ($2.89) 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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