Wolseley Stock Rating Reaffirmed by Deutsche Bank (WOS)
Wolseley (LON:WOS)‘s stock had its “buy” rating restated by equities research analysts at Deutsche Bank in a research note issued to investors on Wednesday, AR Network reports. They currently have a GBX 3,400 ($54.86) target price on the stock. Deutsche Bank’s price objective indicates a potential upside of 4.62% from the stock’s previous close.
WOS has been the subject of a number of other recent research reports. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Wolseley (LON:WOS) in a research note to investors on Tuesday. They now have a GBX 3,600 ($58.08) price target on the stock. Separately, analysts at Shore Capital Stockbrokers reiterated a “buy” rating on shares of Wolseley (LON:WOS) in a research note to investors on Tuesday. Finally, analysts at Bank of America Corp. reiterated a “buy” rating on shares of Wolseley (LON:WOS) in a research note to investors on Tuesday. They now have a GBX 3,540 ($57.12) price target on the stock. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and eleven have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of GBX 3,348.35 ($54.02).
Shares of Wolseley (LON:WOS) traded down 1.40% on Wednesday, hitting GBX 3250.00. 608,800 shares of the company’s stock traded hands. Wolseley has a 1-year low of GBX 2734.9092 and a 1-year high of GBX 3483.0002. The stock’s 50-day moving average is GBX 0. and its 200-day moving average is GBX 0.. The company’s market cap is £8.954 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.