Zacks: Wolters Kluwer (NASDAQ:WTKWY) Given Average Rating of “Sell” by Analysts
Wolters Kluwer (NASDAQ:WTKWY) has received an average broker rating score of 3.50 (Sell) from the two brokers that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a sell recommendation and one has issued a hold recommendation on the company.
Analysts have set a 1 year consensus price objective of $34.50 for the company, according to Zacks. Zacks has also assigned Wolters Kluwer an industry rank of 239 out of 265 based on the ratings given to related companies.
Separately, Zacks Investment Research lowered Wolters Kluwer from a “buy” rating to a “hold” rating in a research report on Wednesday, August 31st.
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Wolters Kluwer (NASDAQ:WTKWY) traded down 0.47% during mid-day trading on Wednesday, hitting $42.23. The stock had a trading volume of 4,237 shares. The company’s 50 day moving average price is $42.40 and its 200 day moving average price is $40.27. Wolters Kluwer has a 52 week low of $30.27 and a 52 week high of $43.54. The firm has a market cap of $12.31 billion and a PE ratio of 24.41.
About Wolters Kluwer
Wolters Kluwer nv is an information services and solutions provider for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. The Company maintains operations across North America, Europe, Asia Pacific and Rest of the World. The Company’s four operating divisions include Health; Tax & Accounting; Governance, Risk & Compliance, and Legal & Regulatory.
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