Berenberg Bank Initiates Coverage on Warpaint London (LON:W7L)

Research analysts at Berenberg Bank initiated coverage on shares of Warpaint London (LON:W7L) in a research note issued to investors on Wednesday, MarketBeat Ratings reports. The brokerage set a “buy” rating and a GBX 550 ($6.85) price target on the stock. Berenberg Bank’s price target would indicate a potential upside of 27.91% from the stock’s current price.

Warpaint London Stock Performance

Shares of W7L stock opened at GBX 430 ($5.35) on Wednesday. The stock has a fifty day moving average price of GBX 403.10 and a 200 day moving average price of GBX 365.54. The stock has a market cap of £332.22 million, a PE ratio of 3,909.09 and a beta of 0.73. Warpaint London has a 1 year low of GBX 180.55 ($2.25) and a 1 year high of GBX 440 ($5.48). The company has a debt-to-equity ratio of 12.49, a quick ratio of 1.56 and a current ratio of 3.53.

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.