Wolters Kluwer (OTCMKTS:WTKWY) Given Average Recommendation of “Hold” by Brokerages

Shares of Wolters Kluwer (OTCMKTS:WTKWY – Get Rating) have received a consensus rating of “Hold” from the ten ratings firms that are covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, one has given a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $110.00.

Several equities research analysts recently issued reports on the stock. Morgan Stanley raised their target price on shares of Wolters Kluwer from €126.00 ($135.48) to €129.00 ($138.71) and gave the stock an “overweight” rating in a research report on Friday, December 16th. Exane BNP Paribas cut shares of Wolters Kluwer from a “neutral” rating to an “underperform” rating in a research report on Thursday, December 1st. JPMorgan Chase & Co. reduced their price target on shares of Wolters Kluwer from €113.00 ($121.51) to €108.00 ($116.13) in a research report on Tuesday, December 13th. Finally, BNP Paribas cut shares of Wolters Kluwer from a “neutral” rating to an “underperform” rating in a research report on Thursday, December 1st.

Wolters Kluwer Price Performance

WTKWY opened at $119.41 on Tuesday. The company’s 50 day simple moving average is $110.79 and its 200 day simple moving average is $105.72. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.71 and a quick ratio of 0.69. Wolters Kluwer has a 1 year low of $87.92 and a 1 year high of $119.69.

About Wolters Kluwer

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Wolters Kluwer NV engages in the provision of information, software solutions, and services for professionals in the health, tax and accounting, finance, risk and compliance, and legal sectors. It operates through the following segments: Health; Tax and Accounting; Governance, Risk, and Compliance; and Legal and Regulatory.