Wolseley Given Buy Rating at Citigroup Inc. (WOS)
Wolseley (LON:WOS)‘s stock had its “buy” rating reiterated by equities research analysts at Citigroup Inc. in a research note issued to investors on Tuesday, Stock Ratings Network.com reports. They currently have a GBX 3,596 ($58.98) price target on the stock. Citigroup Inc.’s price objective would suggest a potential upside of 4.87% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Wolseley in a research note to investors on Monday, December 23rd. They now have a GBX 3,551 ($58.24) price target on the stock. Separately, analysts at UBS AG cut their price target on shares of Wolseley from GBX 3,500 ($57.41) to GBX 3,470 ($56.91) in a research note to investors on Wednesday, December 11th. They now have a “buy” rating on the stock. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of Wolseley in a research note to investors on Wednesday, December 11th. They now have a GBX 3,400 ($55.77) price target on the stock. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and eleven have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of GBX 3,436.73 ($56.37).
Shares of Wolseley (LON:WOS) opened at 3429.00 on Tuesday. Wolseley has a one year low of GBX 2991.50 and a one year high of GBX 3599.1001. The stock has a 50-day moving average of GBX 0. and a 200-day moving average of GBX 0..
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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