Liberum Capital Reiterates Buy Rating for Wolseley plc (WOS)
Wolseley plc (LON:WOS)‘s stock had its “buy” rating reaffirmed by investment analysts at Liberum Capital in a note issued to investors on Friday. They currently have a GBX 3,875 ($65.20) target price on the stock. Liberum Capital’s price objective would suggest a potential upside of 28.06% from the company’s current price.
Wolseley plc (LON:WOS) traded up 0.20% on Friday, hitting GBX 3026.00. The stock had a trading volume of 1,436,731 shares. Wolseley plc has a 52-week low of GBX 2966.00 and a 52-week high of GBX 3575.3301. The stock’s 50-day moving average is GBX 3172. and its 200-day moving average is GBX 3320.57. The company’s market cap is £8.113 billion.
A number of other firms have also recently commented on WOS. Analysts at Goodbody Stockbrokers Ltd reiterated a “buy” rating on shares of Wolseley plc in a research note on Wednesday, July 23rd. They now have a GBX 3,500 ($58.89) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Wolseley plc in a research note on Friday, July 11th. They now have a GBX 3,620 ($60.91) price target on the stock. Finally, analysts at Barclays reiterated an “overweight” rating on shares of Wolseley plc in a research note on Thursday, July 10th. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and thirteen have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of GBX 3,536.95 ($59.51).
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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