Wolseley Stock Rating Upgraded by UBS AG (WOS)
Wolseley (LON:WOS) was upgraded by analysts at UBS AG to a “buy” rating in a research report issued to clients and investors on Thursday, AnalystRatingsNetwork reports. The firm currently has a GBX 3,500 ($54.51) target price on the stock. UBS AG’s price objective would indicate a potential upside of 4.35% from the company’s current price.
WOS has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Wolseley in a research note to investors on Monday, August 19th. They now have a GBX 3,400 ($52.95) price target on the stock. Finally, analysts at BNP Paribas reiterated a “neutral” rating on shares of Wolseley in a research note to investors on Tuesday, July 16th. They now have a GBX 3,367 ($52.44) price target on the stock.
Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and ten have assigned a buy rating to the company. Wolseley presently has an average rating of “Hold” and an average target price of GBX 3,327.30 ($51.82).
Shares of Wolseley (LON:WOS) traded up 0.72% during mid-day trading on Thursday, hitting GBX 3354.00. 797,737 shares of the company’s stock traded hands. Wolseley has a 52 week low of GBX 2602.136 and a 52 week high of GBX 3483.0002. The stock has a 50-day moving average of GBX 2700.38 and a 200-day moving average of GBX 2409.43. The company’s market cap is £9.025 billion.
Wolseley plc is a specialist trade distributor of plumbing and heating products to professional contractors and a supplier of building materials in North America, the United Kingdom and Continental Europe.
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