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WYG (LON:WYG) - Planning ahead

Friday, Jan 18 2013 by

Jan 18th 2013 - Edison Investment Research today published a report on WYG (WYG.L, LSE:WYG, LON:WYG) entitled "Planning Ahead". In summary, the report says:

Having returned the business to profitability, WYG management has a clear strategy to first rebuild margins and then move revenues ahead, building on an existing presence in international markets. Longer-term profit aspirations are somewhat ahead of implied market expectations and progress towards these targets will determine the extent to which the share price can consolidate and further extend gains made in the last three months.




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Edison Investment Research is a leading international investment research company. It has won industry recognition, with awards both in the UK and internationally. The team of 95 includes over 60 analysts supported by a department of supervisory analysts, editors and assistants. Edison writes on more than 400 companies across every sector and works directly with corporates, fund managers, investment banks, brokers and other advisers. Edison’s research is read by institutional investors, alternative funds and wealth managers in more than 100 countries. Edison, founded in 2003, has offices in London, New York and Sydney and is authorised and regulated by the Financial Services Authority (www.fsa.gov.uk/register/firmBasicDetails.do?sid=181584). more »