KBC ups Wolters Kluwer to 'buy' as AI keeps it 'in the driver seat'

Wolters Kluwer

02/10/2025 07:25

** KBC Securities upgrades Dutch information services provider Wolters Kluwer WLSNc.AS to "Buy" from "Hold", calling the recent negative sentiment overdone and citing AI upside

** The broker sees market's reaction to CEO's retirement as excessive, pointing to a generous one-year handover period and an experienced successor

** KBC states that AI is a genuine value-add, as Wolters Kluwer's massive proprietary data means "By owning the data, they remain in the driver seat"

** Macroeconomic uncertainty and currency swings are seen as having a limited impact, as they mainly affect the smaller non-recurring revenue part of the business

** Of 14 analysts that cover Wolters Kluwer, eight rate the stock "strong buy" or "buy", ​five rate "hold" and one rates it "sell" - LSEG data

 (Reporting by Dimitri Rhodes)

 ((Dimitri.rhodes@thomsonreuters.com))