Wynnstay Group plc 48.7% potential upside indicated by Canaccord Genuity

Wynnstay Group plc with ticker (LON:WYN) now has a potential upside of 48.7% according to Canaccord Genuity.

WYN.L

Canaccord Genuity set a target price of 470 GBX for the company, which when compared to the Wynnstay Group plc share price of 316 GBX at opening today (15/11/2024) indicates a potential upside of 48.7%. Trading has ranged between 270 (52 week low) and 440 (52 week high) with an average of 130,240 shares exchanging hands daily. The market capitalisation at the time of writing is £71,024,123.

Wynnstay Group PLC is a United Kingdom-based company, which is engaged in supplying of products and services to the United Kingdom farmers. The Company helps livestock and arable farmers to produce food. The Company operates through two segments: Agriculture, and Specialist. Its Agriculture segment is engaged in manufacturing and supply of animal feeds, fertilizer, seeds and associated agricultural products. The Specialist segment is engaged in agricultural merchanting and supplies a wide range of specialist products to farmers, smallholders, and pet owners. The Company manufactures and supplies a wide range of feeds and animal nutrition products for a range of sectors, including, dairy, beef, sheep, and poultry. It operates three feed mills and three blending plants, offering a full range of animal nutrition products to the agricultural market in bulk or bags. The Company operates over 53 depots across Wales, the Midlands, Northwest, and Southwest England.