Warpaint London (LON:W7L) Coverage Initiated by Analysts at Berenberg Bank

Analysts at Berenberg Bank began coverage on shares of Warpaint London (LON:W7L) in a research report issued to clients and investors on Wednesday, MarketBeat.com reports. The firm set a “buy” rating and a GBX 550 ($6.85) price target on the stock. Berenberg Bank’s price target would suggest a potential upside of 27.91% from the company’s previous close.

Warpaint London Trading Up 2.4 %

Shares of LON:W7L opened at GBX 430 ($5.35) on Wednesday. The company’s 50-day moving average price is GBX 403.10 and its two-hundred day moving average price is GBX 365.54. The company has a debt-to-equity ratio of 12.49, a current ratio of 3.53 and a quick ratio of 1.56. Warpaint London has a one year low of GBX 180.55 ($2.25) and a one year high of GBX 440 ($5.48). The stock has a market capitalization of £332.22 million, a PE ratio of 3,909.09 and a beta of 0.73.

Warpaint London Company Profile

Warpaint London PLC, together with its subsidiaries, provides color cosmetics. It operates through two segments, Branded and Close-Out. The company offers its cosmetic skincare products under the W7, Technic, Man'stuff, Body Collection, Very Vegan, and Chit Chat brand names. It also provides supply chain management services.