Wyncrest Group Inc.: Rated ‘Speculative Buy,’ Target Price $0.43 by Beacon Equity Research
September 14 2009 - 7:00AM
Business Wire
Wyncrest Group Inc. (Pink Sheets: WNCG) has been rated
Speculative Buy with a price target of $0.43 by Beacon Analyst,
Victor Sula, Ph.D.
The full report is available at http://www.beaconequity.com.
Anyone interested in receiving alerts regarding WNCG research
should e-mail members@beaconequity.com with “WNCG” in the subject
line.
In the report, the analyst writes,
“The Company’s growth plan focuses on delivering innovative
insurance products in high demand to underserved niche markets and
extending its reach through strategic acquisitions. WNCG believes
there are many small insurance and financial service
companies/agencies interested in merging with a public company to
gain additional resources, synergies and economies of scale while
retaining their current customer list.
“WNCG’s plan is to acquire companies in specific insurance
growth areas. In July 2009, the Company announced it was
negotiating six business acquisitions, all of which have synergies
with its flagship SFG subsidiary. WNCG anticipates closing all six
acquisitions in the second half of 2009, pending financial audits
for each of the companies.”
Other small-cap insurance providers include: Mercer Insurance
Groups Inc. (Nasdaq: MIGP), Specialty Underwriters’ Alliance Inc.
(Nasdaq: SUAI), Hallmark Financial Services Inc. (Nasdaq: HALL) and
Nymagic Inc. (NYSE: NYM).
Beacon Equity Disclosure
The analysts contributing to this report certify that the views
expressed herein accurately reflect the analysts' personal views as
to the subject securities and issuers. BeaconEquity.com is not a
registered investment advisor; nothing contained in any materials
should be construed as a recommendation to buy or sell any
securities. Beacon Equity is a Web site wholly owned by BlueWave
Advisors, which has been compensated six thousand five hundred
dollars directly from Wyncrest Group Inc., as a marketing budget to
manage a comprehensive investor awareness program including the
creation and distribution of this report as well as other investor
relations efforts. This report is based on data obtained from
sources we believe to be reliable, but is not guaranteed as to
accuracy and does not purport to be complete. Please read our
report and visit our Web site, BeaconEquity.com, for complete
disclosures. CRD# 2207572
Wyncrest (CE) (USOTC:WNCG)
Historical Stock Chart
From Sep 2024 to Oct 2024
Wyncrest (CE) (USOTC:WNCG)
Historical Stock Chart
From Oct 2023 to Oct 2024
Real-Time news about Wyncrest Group Inc New (CE) (OTCMarkets): 0 recent articles
More Wyncrest Group Inc. News Articles