Shares of Wincanton plc (LON:WIN) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $247.50 and traded as low as $219.00. Wincanton shares last traded at $225.00, with a volume of 34,208 shares trading hands.
Several research firms recently issued reports on WIN. Numis Securities reiterated a “buy” rating and issued a GBX 360 ($4.70) price objective on shares of Wincanton in a report on Thursday, May 16th. Liberum Capital reiterated a “buy” rating on shares of Wincanton in a report on Thursday, May 16th. Shore Capital reiterated a “not rated” rating on shares of Wincanton in a report on Thursday, May 16th. Finally, Berenberg Bank restated a “hold” rating and set a GBX 285 ($3.72) price target on shares of Wincanton in a report on Wednesday, June 12th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of GBX 323.75 ($4.23).
The company has a market cap of $286.45 million and a PE ratio of 6.73. The company has a fifty day simple moving average of GBX 233.49 and a two-hundred day simple moving average of GBX 247.46.
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.
Read More: How does a margin account work?
Receive News & Ratings for Wincanton Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wincanton and related companies with MarketBeat.com's FREE daily email newsletter.