Warpaint London (LON:W7L) PT Raised to GBX 680 at Berenberg Bank

Warpaint London (LON:W7L) had its target price upped by Berenberg Bank from GBX 580 ($7.66) to GBX 680 ($8.98) in a research note published on Tuesday morning, MarketBeat Ratings reports. The firm currently has a buy rating on the stock.

Separately, Shore Capital reaffirmed a house stock rating on shares of Warpaint London in a research report on Wednesday, June 26th.

Warpaint London Stock Performance

Shares of LON W7L opened at GBX 545 ($7.20) on Tuesday. The company has a current ratio of 3.65, a quick ratio of 1.56 and a debt-to-equity ratio of 11.64. The company has a market capitalization of £423.08 million, a P/E ratio of 3,027.78 and a beta of 0.60. Warpaint London has a 12 month low of GBX 280 ($3.70) and a 12 month high of GBX 650 ($8.59). The stock has a 50 day moving average of GBX 576.63 and a 200-day moving average of GBX 520.15.

Warpaint London Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, November 22nd. Shareholders of record on Thursday, November 7th will be issued a GBX 3.50 ($0.05) dividend. The ex-dividend date is Thursday, November 7th. This represents a yield of 0.68%. Warpaint London’s dividend payout ratio is currently 5,000.00%.

Insider Transactions at Warpaint London

In other news, insider Keith Sadler sold 11,950 shares of the company’s stock in a transaction that occurred on Friday, July 12th. The stock was sold at an average price of GBX 595 ($7.86), for a total value of £71,102.50 ($93,926.68). Corporate insiders own 41.51% of the company’s stock.

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.