Wincanton (WIN) Receives “Buy” Rating from Canaccord Genuity

Canaccord Genuity reaffirmed their buy rating on shares of Wincanton (LON:WIN) in a research note published on Thursday. Canaccord Genuity currently has a GBX 340 ($4.44) price objective on the stock.

WIN has been the topic of several other reports. Numis Securities restated a buy rating on shares of Wincanton in a report on Wednesday, August 8th. Liberum Capital restated a buy rating on shares of Wincanton in a report on Wednesday, October 3rd. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company currently has an average rating of Buy and an average price target of GBX 334 ($4.36).

Shares of LON:WIN traded down GBX 2.50 ($0.03) during midday trading on Thursday, hitting GBX 223 ($2.91). 218,287 shares of the stock were exchanged, compared to its average volume of 125,132. Wincanton has a 52-week low of GBX 185.25 ($2.42) and a 52-week high of GBX 309 ($4.04).

The business also recently announced a dividend, which will be paid on Friday, January 11th. Shareholders of record on Thursday, December 6th will be issued a dividend of GBX 3.60 ($0.05) per share. The ex-dividend date is Thursday, December 6th. This represents a yield of 1.6%.

About Wincanton

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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