Wilan Rating Lowered to Hold at Paradigm Capital (WIN)
Wilan (TSE:WIN) was downgraded by stock analysts at Paradigm Capital from a “buy” rating to a “hold” rating in a report issued on Thursday, Stock Ratings News reports.
WIN has been the subject of a number of other recent research reports. Analysts at CIBC reiterated a “sector outperform” rating on shares of Wilan in a research note to investors on Thursday, October 10th. They now have a C$7.25 price target on the stock. Finally, analysts at BMO Capital Markets cut their price target on shares of Wilan from C$5.00 to C$4.00 in a research note to investors on Friday, August 9th. They now have a “market perform” rating on the stock. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company’s stock. Wilan currently has an average rating of “Hold” and a consensus price target of C$4.52.
Shares of Wilan (TSE:WIN) traded down 21.57% on Thursday, hitting $3.20. 8,461,260 shares of the company’s stock traded hands. Wilan has a 52-week low of $3.27 and a 52-week high of $5.69. The stock’s 50-day moving average is $3.51 and its 200-day moving average is $4.09. The company’s market cap is $387.4 million.
Wi-LAN Inc (TSE:WIN) is a licensing company.
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