Wolseley plc Given Average Recommendation of “Hold” by Brokerages (LON:WOS)
Wolseley plc (LON:WOS) has been given an average recommendation of “Hold” by the twenty-four brokerages that are currently covering the stock, American Banking and Market News reports. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and thirteen have issued a buy rating on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is GBX 3,566.18 ($60.69).
A number of research firms have recently commented on WOS. Analysts at Liberum Capital reiterated a “buy” rating on shares of Wolseley plc in a research note on Thursday, June 19th. They now have a GBX 3,875 ($65.95) price target on the stock. Separately, 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 ($54.46) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Wolseley plc in a research note on Wednesday, June 4th.
Wolseley plc (LON:WOS) opened at 3164.00 on Tuesday. Wolseley plc has a 52 week low of GBX 3032.5068 and a 52 week high of GBX 3575.333. The stock’s 50-day moving average is GBX 3337. and its 200-day moving average is GBX 3364.12. The company’s market cap is £8.483 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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