The stock of Wincanton plc (LON:WIN) hit a new 52-week high and has GBX 236.25 target or 5.00% above today’s GBX 225.00 share price. The 8 months bullish chart indicates low risk for the GBX 280.45M company. The 1-year high was reported on Nov, 22 by Barchart.com. If the GBX 236.25 price target is reached, the company will be worth GBX 14.02 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. The stock increased 3.33% or GBX 7.25 on November 22, hitting GBX 225. About 154,672 shares traded hands or 77.83% up from the average. Wincanton plc (LON:WIN) has risen 29.61% since April 25, 2016 and is uptrending. It has outperformed by 25.06% the S&P500.
Wincanton plc (LON:WIN) Ratings Coverage
Out of 6 analysts covering Wincanton PLC (LON:WIN), 6 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Wincanton PLC has been the topic of 38 analyst reports since August 4, 2015 according to StockzIntelligence Inc. The stock of Wincanton plc (LON:WIN) has “Buy” rating given on Tuesday, August 4 by Cantor Fitzgerald. The firm earned “Buy” rating on Friday, September 23 by Numis Securities. The firm has “Buy” rating by Liberum Capital given on Tuesday, July 26. The rating was maintained by Cantor Fitzgerald on Thursday, July 21 with “Buy”. As per Monday, November 16, the company rating was upgraded by Investec. The rating was maintained by Numis Securities with “Buy” on Thursday, June 9. As per Thursday, March 31, the company rating was upgraded by Numis Securities. The stock of Wincanton plc (LON:WIN) earned “Buy” rating by Cantor Fitzgerald on Tuesday, July 26. Liberum Capital maintained Wincanton plc (LON:WIN) on Wednesday, November 4 with “Buy” rating. The firm has “Add” rating by Numis Securities given on Wednesday, November 4.
More recent Wincanton plc (LON:WIN) news were published by: Fool.Co.Uk which released: “Should you buy Wincanton plc (+9%), Future plc (+8%) and Xcite Energy Limited …” on June 23, 2016. Also Fool.Co.Uk published the news titled: “Is Now The Perfect Time To Buy Wincanton plc?” on October 31, 2014. Fool.Co.Uk‘s news article titled: “Why Are Carclo plc & Wincanton plc On The Move Today?” with publication date: February 05, 2015 was also an interesting one.
Wincanton plc is a provider of supply chain solutions. The company has a market cap of 280.45 million GBP. The Firm operates through two divisions: Retail & Consumer, and Industrial & Transport. It has a 4.36 P/E ratio. The Company’s Retail & Consumer segment focuses on consumer products business and brings to clients through the entire supply chain from producer to retailer, and Industrial & Transport segment focuses on an integrated and optimized transport operation, and includes Containers business and Pullman business.
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