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Wilmington Completes Acquisition of RegTech Firm Conversia

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Wilmington Completes Acquisition of RegTech Firm Conversia

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Wilmington ( (GB:WIL) ) has issued an update.

Wilmington plc has successfully completed the acquisition of Professional Group Conversia, S.L.U., a RegTech software business. This acquisition is expected to enhance Wilmington’s offerings in the Governance, Risk, and Compliance sector, potentially strengthening its market position and providing new opportunities for growth.

The most recent analyst rating on (GB:WIL) stock is a Buy with a £465.00 price target. To see the full list of analyst forecasts on Wilmington stock, see the GB:WIL Stock Forecast page.

Spark’s Take on GB:WIL Stock

According to Spark, TipRanks’ AI Analyst, GB:WIL is a Neutral.

Wilmington’s strong financial performance, characterized by robust revenue growth and solid profitability, is the primary driver of its stock score. However, technical indicators suggest a bearish trend, and the valuation appears high, which tempers the overall score. The absence of recent earnings call insights or notable corporate events limits additional context.

To see Spark’s full report on GB:WIL stock, click here.

More about Wilmington

Wilmington plc is a leading provider of data, information, education, and training services in the global Governance, Risk, and Compliance (GRC) markets. The company employs over 1,000 people and operates in around 120 countries. Wilmington is listed on the main market of the London Stock Exchange.

Average Trading Volume: 142,081

Technical Sentiment Signal: Hold

Current Market Cap: £274.9M

Learn more about WIL stock on TipRanks’ Stock Analysis page.

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