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A statement released earlier today by Peel Hunt about Watchstone Group Plc (LON:WTG) bumps down the target price to 290.00GBX

Displaying a price of 184.13GBX, Watchstone Group Plc (LON:WTG) traded 13.17% lower on the day. With the last stock close down 14.54% from the 200-day average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the same period. The company has logged a 50-day average of 224.65GBX and 200-day moving average of 219.45GBX. Volume of trade was was up over the average, with 296,766 shares of WTG changing hands over the typical 133,606 shares.

In an issued report on 9/19/2016 Peel Hunt dropped the target price of Watchstone Group Plc (LON:WTG) from 315GBX to 290GBX indicating a possible upsideof 0.57%.

On 6/30/2016, Peel Hunt reported on Watchstone Group Plc(LON:WTG) bumped the target price from 250.00GBX to 315.00GBX. At the time, this suggested an upside of 0.00%.

Recent Performance Graphic:

Watchstone Group Plc (LON:WTG)

A total of 1 analysts has reported on the company. One analyst rate the stock a strong buy, 0 rate the stock a buy, 0 firms rate the stock a hold, 0 rate the company to underperform, and lastly 0 brokeragesrate the company as sell with a consensus target price of 315.00GBX

With a market cap of 0.0 GBX, Watchstone Group Plc has a one-year low of 115.00GBX and a 52 week high of 1,070.00GBX with a price-earnings ratio of 0.

General Company Details For Watchstone Group Plc (LON:WTG)

Watchstone Group plc, formerly Quindell Plc, is focused on managing its operating, contingent and cash assets in order to achieve the maximum value possible. The Company offers technology solutions and other services primarily to the insurance, automotive and healthcare industries. Its segments are Hubio, which is a provider of telematics and insurance technology solutions; Ingenie, which is engaged in telematics-based insurance broking; Healthcare Services, which is a Canadian-based physiotherapy network, and Other, which includes various businesses, including Business Advisory Service Limited (BAS) and Maine Finance Limited (Maine Finance). BAS is an energy brokerage, which provides added value energy procurement and consultancy services and receives commissions from a panel of suppliers. Maine Finance distributes a range of financial services products, including life insurance and pensions, and through the site.

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