Wolseley plc Rating Reiterated by RBC Capital (WOS)
Wolseley plc (LON:WOS)‘s stock had its “neutral” rating reiterated by equities researchers at RBC Capital in a research report issued on Wednesday. They currently have a GBX 3,200 ($53.65) price objective on the stock. RBC Capital’s target price points to a potential downside of 4.85% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Wolseley plc in a research note on Wednesday. Separately, analysts at Prime Wealth reiterated a “buy” rating on shares of Wolseley plc in a research note on Tuesday. They now have a GBX 3,530 ($59.18) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Wolseley plc in a research note on Tuesday. They now have a GBX 3,620 ($60.69) price target on the stock. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and thirteen have assigned a buy rating to the stock. Wolseley plc currently has a consensus rating of “Hold” and a consensus target price of GBX 3,549.93 ($59.51).
Wolseley plc (LON:WOS) opened at 3359.00 on Wednesday. Wolseley plc has a 52-week low of GBX 3032.5068 and a 52-week high of GBX 3575.333. The stock has a 50-day moving average of GBX 3361. and a 200-day moving average of GBX 3367.81. The company’s market cap is £9.005 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.