Zacks: Wolters Kluwer (WTKWY) Receives Consensus Rating of “Hold” from Brokerages

Wolters Kluwer (NASDAQ:WTKWY) has received a consensus broker rating score of 2.50 (Hold) from the two brokers that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a sell recommendation and one has assigned a strong buy recommendation to the company.

Analysts have set a 12 month consensus price objective of $34.00 for the company, according to Zacks. Zacks has also given Wolters Kluwer an industry rank of 26 out of 265 based on the ratings given to its competitors.

Separately, Zacks Investment Research upgraded shares of Wolters Kluwer from a “sell” rating to a “buy” rating and set a $49.00 target price for the company in a research report on Thursday, June 1st.

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Wolters Kluwer (NASDAQ:WTKWY) traded down 0.53% during midday trading on Friday, hitting $42.90. The stock had a trading volume of 10,742 shares. The stock has a 50-day moving average price of $43.02 and a 200 day moving average price of $41.45. The firm has a market cap of $12.34 billion and a P/E ratio of 22.52. Wolters Kluwer has a 12-month low of $33.09 and a 12-month high of $44.76.

About Wolters Kluwer

Wolters Kluwer N.V. provides information, software and services to doctors, nurses, accountants, lawyers, and audit, compliance and regulatory professionals. The Company’s segments include Health; Tax & Accounting; Governance, Risk & Compliance, Legal & Regulatory and Corporate. Its geographical segments include the Netherlands, Europe, North America and the Rest of the World.

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