Wandisco (WAND) Rating Reiterated by Peel Hunt

Wandisco (LON:WAND)‘s stock had its “buy” rating reaffirmed by stock analysts at Peel Hunt in a report released on Monday, December 4th. They currently have a GBX 1,000 ($13.37) target price on the stock. Peel Hunt’s target price suggests a potential upside of 75.44% from the company’s previous close.

Wandisco (WAND) remained flat at $GBX 570 ($7.62) during trading on Monday. Wandisco has a one year low of GBX 170 ($2.27) and a one year high of GBX 890 ($11.90). The company has a market cap of $232.75 and a P/E ratio of -2,850.00.

In other Wandisco news, insider Karl Upton Monaghan purchased 8,900 shares of the company’s stock in a transaction that occurred on Monday, December 4th. The shares were purchased at an average cost of GBX 550 ($7.35) per share, with a total value of £48,950 ($65,449.93).

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About Wandisco

WANdisco plc focuses on Active Data Replication technology. The Company’s WANdisco Fusion technology enables the replication of continuously changing data to the cloud and on-premises data centers. The Company is involved in the development and sale of licenses for software and related maintenance. The Company is engaged in the development and provision of global collaboration software.

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