Wynnstay Group plc 40.7% potential upside indicated by Canaccord Genuity

Wynnstay Group plc with ticker (LON:WYN) now has a potential upside of 40.7% according to Canaccord Genuity.



Canaccord Genuity set a target price of 520 GBX for the company, which when compared to the Wynnstay Group plc share price of 370 GBX at opening today (12/12/2023) indicates a potential upside of 40.7%. Trading has ranged between 338 (52 week low) and 629 (52 week high) with an average of 22,563 shares exchanging hands daily. The market capitalisation at the time of writing is £82,179,472.

Wynnstay Group PLC is a United Kingdom-based company, which supplies a range of agricultural inputs to both livestock and arable farmers. It also provides grain marketing services and advice on animal nutrition and health, and crop production. The Company’s segments include Agriculture and Specialist Agricultural Merchanting. The Agriculture segment is engaged in manufacturing and supplying animal feeds, fertilizer, seeds and associated agricultural products. The Specialist Agricultural Merchanting segment supplies a range of specialist products to farmers, smallholders, and pet owners. The Company operates three feed mills and three blending plants, offering a full range of animal nutrition products to the agricultural market in bulk or bags. Its Specialist Agricultural Merchanting depots are established and provide a comprehensive range of products for farmers and rural dwellers. The Company operates over 53 depots across Wales, the Midlands, Northwest and Southwest England.