Wolseley plc Rating Reiterated by JPMorgan Chase & Co. (WOS)
Wolseley plc (LON:WOS)‘s stock had its “overweight” rating reaffirmed by equities research analysts at JPMorgan Chase & Co. in a research note issued to investors on Wednesday. They currently have a GBX 3,800 ($63.92) price objective on the stock. JPMorgan Chase & Co.’s target price suggests a potential upside of 14.26% from the stock’s previous close.
Wolseley plc (LON:WOS) traded down 0.25% during mid-day trading on Wednesday, hitting GBX 3325.8301. The stock had a trading volume of 686,882 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 3380. and a 200-day moving average of GBX 3373.08. The company’s market cap is £8.917 billion.
A number of other firms have also recently commented on WOS. Analysts at Davy Research reiterated a “neutral” rating on shares of Wolseley plc in a research note on Tuesday. Separately, analysts at Liberum Capital reiterated a “buy” rating on shares of Wolseley plc in a research note on Friday, May 16th. Finally, analysts at Goodbody Stockbrokers Ltd reiterated a “buy” rating on shares of Wolseley plc in a research note on Thursday, May 15th. They now have a GBX 3,970 ($66.78) price target on the stock. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and twelve have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of GBX 3,565.98 ($59.98).
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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