Wolseley Stock Rating Reaffirmed by Deutsche Bank (WOS)
Wolseley (LON:WOS)‘s stock had its “buy” rating restated by research analysts at Deutsche Bank in a report released on Monday, AnalystRatings.NET reports. They currently have a GBX 3,551 ($56.69) target price on the stock. Deutsche Bank’s target price would suggest a potential upside of 10.59% from the stock’s previous close.
Shares of Wolseley (LON:WOS) traded up 1.33% during mid-day trading on Monday, hitting GBX 3211.00. The stock had a trading volume of 556,840 shares. Wolseley has a 52-week low of GBX 2734.9092 and a 52-week 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 £8.850 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase & Co. raised their price target on shares of Wolseley from GBX 3,350 ($53.48) to GBX 3,550 ($56.67) in a research note to investors on Friday, October 4th. They now have an “overweight” rating on the stock. Separately, analysts at Liberum Capital raised their price target on shares of Wolseley from GBX 3,500 ($55.87) to GBX 3,700 ($59.07) in a research note to investors on Thursday, October 3rd. They now have a “buy” rating on the stock. Finally, analysts at Panmure Gordon reiterated a “hold” rating on shares of Wolseley in a research note to investors on Wednesday, October 2nd. They now have a GBX 3,620 ($57.79) price target on the stock. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and eleven have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average target price of GBX 3,360.08 ($53.64).
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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