Wolseley plc Receives “Buy” Rating from Liberum Capital (WOS)
Wolseley plc (LON:WOS)‘s stock had its “buy” rating reaffirmed by equities researchers at Liberum Capital in a research report issued on Thursday. They currently have a GBX 3,875 ($65.78) price objective on the stock. Liberum Capital’s target price indicates a potential upside of 21.09% from the stock’s previous close.
WOS has been the subject of a number of other recent research reports. Analysts at RBC Capital reiterated a “neutral” rating on shares of Wolseley plc in a research note on Wednesday, June 4th. They now have a GBX 3,200 ($54.32) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Wolseley plc in a research note on Wednesday, June 4th. Finally, analysts at Prime Wealth reiterated a “buy” rating on shares of Wolseley plc in a research note on Tuesday, June 3rd. They now have a GBX 3,530 ($59.92) price target on the stock. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and thirteen have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of GBX 3,566.18 ($60.54).
Shares of Wolseley plc (LON:WOS) opened at 3232.00 on Thursday. Wolseley plc has a one year low of GBX 3032.5068 and a one year high of GBX 3575.333. The stock has a 50-day moving average of GBX 3358.11 and a 200-day moving average of GBX 3362.58. The company’s market cap is £8.665 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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