Wolters Kluwer (OTCMKTS:WTKWY) Shares Gap Up – Still a Buy?

Wolters Kluwer NV (OTCMKTS:WTKWY)’s share price gapped up before the market opened on Wednesday. The stock had previously closed at $76.67, but opened at $79.68. Wolters Kluwer shares last traded at $79.41, with a volume of 3,530 shares traded.

Analysts Set New Price Targets

A number of research firms recently commented on WTKWY. TD Cowen began coverage on Wolters Kluwer in a research report on Thursday, September 10th. They issued a “buy” rating for the company. TD Securities raised shares of Wolters Kluwer to a “strong-buy” rating in a report on Friday, September 11th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Wolters Kluwer Stock Up 0.8%

The business has a 50 day moving average price of $79.77 and a two-hundred day moving average price of $74.97.

About Wolters Kluwer

Wolters Kluwer N.V. is a global provider of information, software and technology-enabled services for professionals and organizations. Headquartered in Alphen aan den Rijn, the Netherlands, the company serves customers in the health, tax and accounting, financial and corporate compliance, legal and regulatory, and risk management sectors.

The company’s offerings include specialized research and reference content, clinical decision-support tools, tax and accounting software, legal and regulatory information platforms, audit and compliance solutions, and tools for managing corporate performance and risk.