Wolseley plc Receives Buy Rating from Goodbody Stockbrokers Ltd (WOS)
Wolseley plc (LON:WOS)‘s stock had its “buy” rating reiterated by stock analysts at Goodbody Stockbrokers Ltd in a report issued on Thursday, American Banking News reports. They currently have a GBX 3,970 ($66.87) price target on the stock. Goodbody Stockbrokers Ltd’s target price indicates a potential upside of 15.61% from the company’s current price.
A number of other analysts have also recently weighed in on WOS. Analysts at Credit Suisse upgraded shares of Wolseley plc to an “outperform” rating in a research note on Wednesday, April 23rd. They now have a GBX 4,000 ($67.37) price target on the stock. Separately, analysts at Westhouse Securities initiated coverage on shares of Wolseley plc in a research note on Thursday, April 17th. They set a “neutral” rating and a GBX 3,517 ($59.24) price target on the stock. Finally, analysts at Berenberg Bank reiterated a “hold” rating on shares of Wolseley plc in a research note on Monday, April 14th. They now have a GBX 3,500 ($58.95) price target on the stock. Three analysts have rated the stock with a sell rating, ten have given a hold rating and twelve have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 3,552.98 ($59.84).
Shares of Wolseley plc (LON:WOS) traded down 3.15% on Thursday, hitting GBX 3325.8301. The stock had a trading volume of 709,990 shares. Wolseley plc has a one year low of GBX 3032.5068 and a one year high of GBX 3599.1001. The stock has a 50-day moving average of GBX 3394.35 and a 200-day moving average of GBX 3376.64. The company’s market cap is £8.917 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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