Wolters Kluwer (NASDAQ:WTKWY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report issued on Thursday.

According to Zacks, “WOLTERS KLUWER is a leading global information services and publishing company. The company provides products and services globally for professionals in the health, tax, accounting, corporate, financial services, legal, and regulatory sectors. Wolters Kluwer maintains operations in over 33 countries across Europe, North America, and Asia Pacific and employs approximately 19,500 people worldwide. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Its shares are quoted on the Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. “

Shares of Wolters Kluwer (NASDAQ WTKWY) opened at 46.65 on Thursday. The firm has a 50 day moving average price of $44.76 and a 200-day moving average price of $43.38. Wolters Kluwer has a 12 month low of $33.09 and a 12 month high of $46.88. The firm has a market cap of $13.32 billion and a PE ratio of 20.31.

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About Wolters Kluwer

Wolters Kluwer N.V. provides information, software and services to doctors, nurses, accountants, lawyers, and audit, compliance and regulatory professionals. The Company’s segments include Health; Tax & Accounting; Governance, Risk & Compliance, Legal & Regulatory and Corporate. Its geographical segments include the Netherlands, Europe, North America and the Rest of the World.

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