Warpaint London (LON:W7L) Price Target Raised to GBX 680

Warpaint London (LON:W7L) had its price target boosted by equities researchers at Berenberg Bank from GBX 580 ($7.66) to GBX 680 ($8.98) in a note issued to investors on Tuesday, Digital Look reports. The firm currently has a “buy” rating on the stock. Berenberg Bank’s target price would indicate a potential upside of 22.97% from the company’s current price.

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Warpaint London in a report on Wednesday, June 26th.

Warpaint London Stock Up 0.9 %

Warpaint London stock opened at GBX 553 ($7.31) on Tuesday. The company has a quick ratio of 1.56, a current ratio of 3.65 and a debt-to-equity ratio of 11.64. The business’s 50-day moving average price is GBX 581.19 and its 200 day moving average price is GBX 518.91. Warpaint London has a 52 week low of GBX 280 ($3.70) and a 52 week high of GBX 650 ($8.59). The firm has a market cap of £429.29 million, a price-to-earnings ratio of 3,072.22 and a beta of 0.60.

Insider Activity at Warpaint London

In other news, insider Keith Sadler sold 11,950 shares of the stock in a transaction on Friday, July 12th. The stock was sold at an average price of GBX 595 ($7.86), for a total value of £71,102.50 ($93,926.68). Company insiders own 41.51% of the company’s stock.

About Warpaint London

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.