Wolseley Stock Rating Reaffirmed by Barclays (WOS)
Wolseley (LON:WOS)‘s stock had its “overweight” rating restated by analysts at Barclays in a research report issued to clients and investors on Wednesday, AmericanBankingNews.com reports. They currently have a GBX 3,700 ($59.86) target price on the stock. Barclays’ price target suggests a potential upside of 11.82% from the company’s current price.
A number of other firms have also recently commented on WOS. Analysts at RBC Capital reiterated a “sector perform” rating on shares of Wolseley in a research note to investors on Monday, October 21st. They now have a GBX 3,450 ($55.82) price target on the stock. Separately, analysts at Galvan Research reiterated a “buy” rating on shares of Wolseley in a research note to investors on Wednesday, October 16th. They now have a GBX 3,400 ($55.01) price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Wolseley in a research note to investors on Monday, October 14th. They now have a GBX 3,600 ($58.24) price target on the stock. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and twelve have assigned a buy rating to the stock. Wolseley presently has a consensus rating of “Hold” and a consensus target price of GBX 3,392.85 ($54.89).
Wolseley (LON:WOS) opened at 3312.00 on Wednesday. Wolseley has a 1-year low of GBX 2752.6819 and a 1-year high of GBX 3483.0002. The stock has a 50-day moving average of GBX 0. and a 200-day moving average of GBX 0.. The company’s market cap is £9.128 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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