Wynnstay Group – earnings forecast outperforming, Buy
By HotStockRockets | Friday 23 September 2022
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Agricultural supplies business Wynnstay Group (WYN) announced recently that “it is now clear that the group's trading results for the financial year will be significantly ahead of current market forecasts”. The shares have responded higher, but at a current 610p remain below above 650p reached in June and, as the numbers to be reported become clearer, we expect further meaningful share price progress.
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