Wolters Kluwer (NASDAQ:WTKWY) was upgraded by Zacks Investment Research from a “hold” rating to a “strong-buy” rating in a note issued to investors on Thursday. The firm presently has a $48.00 price target on the stock. Zacks Investment Research’s price target suggests a potential upside of 18.37% from the company’s current price.
According to Zacks, “WOLTERS KLUWER is a leading global information services and publishing company. The company provides products and services globally for professionals in the health, tax, accounting, corporate, financial services, legal, and regulatory sectors. Wolters Kluwer maintains operations in over 33 countries across Europe, North America, and Asia Pacific and employs approximately 19,500 people worldwide. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Its shares are quoted on the Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. “
Wolters Kluwer (NASDAQ:WTKWY) opened at 40.55 on Thursday. Wolters Kluwer has a 52-week low of $30.78 and a 52-week high of $43.54. The firm has a market capitalization of $11.82 billion and a price-to-earnings ratio of 23.44. The company’s 50-day moving average price is $42.44 and its 200 day moving average price is $40.60.
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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