Wolseley Stock Rating Reaffirmed by Deutsche Bank (WOS)
Wolseley (LON:WOS)‘s stock had its “buy” rating restated by stock analysts at Deutsche Bank in a report issued on Thursday, AnalystRatings.NET reports. They currently have a GBX 3,551 ($58.26) price target on the stock. Deutsche Bank’s price objective would suggest a potential upside of 8.23% from the stock’s previous close.
Shares of Wolseley (LON:WOS) traded down 1.71% during mid-day trading on Thursday, hitting GBX 3281.0002. The stock had a trading volume of 943,525 shares. Wolseley has a 52 week low of GBX 3032.5068 and a 52 week 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..
A number of other analysts have also recently weighed in on WOS. Analysts at JPMorgan Chase & Co. raised their price target on shares of Wolseley from GBX 3,550 ($58.24) to GBX 3,800 ($62.35) in a research note on Wednesday, January 29th. They now have an “overweight” rating on the stock. Separately, analysts at BNP Paribas downgraded shares of Wolseley to an “underperform” rating in a research note on Wednesday, January 22nd. They now have a GBX 3,500 ($57.42) price target on the stock. Finally, analysts at Numis Securities Ltd raised their price target on shares of Wolseley from GBX 3,250 ($53.32) to GBX 3,400 ($55.78) in a research note on Wednesday, January 15th. They now have a “hold” rating on the stock. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and eleven have assigned a buy rating to the company. Wolseley currently has a consensus rating of “Hold” and an average target price of GBX 3,469.76 ($56.93).
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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