Wolseley plc Receives Average Rating of “Hold” from Analysts (LON:WOS)
Shares of Wolseley plc (LON:WOS) have received a consensus rating of “Hold” from the twenty-four analysts that are currently covering the stock, American Banking News.com reports. Three research analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and thirteen have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 3,536.95 ($59.51).
WOS has been the subject of a number of recent research reports. Analysts at Liberum Capital reiterated a “buy” rating on shares of Wolseley plc in a research note on Friday. They now have a GBX 3,875 ($65.20) price target on the stock. Separately, 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. Finally, 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.
Shares of Wolseley plc (LON:WOS) opened at 3026.00 on Tuesday. Wolseley plc has a one year low of GBX 2966.00 and a one year high of GBX 3575.333. 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.
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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