Liberum Capital Reaffirms Buy Rating for Wolseley plc (WOS)
Wolseley plc (LON:WOS)‘s stock had its “buy” rating reissued by Liberum Capital in a research note issued on Friday. They currently have a GBX 3,875 ($64.78) target price on the stock. Liberum Capital’s price objective would indicate a potential upside of 20.16% from the stock’s previous close.
Shares of Wolseley plc (LON:WOS) opened at 3216.9998 on Friday. Wolseley plc has a one year low of GBX 2966.00 and a one year high of GBX 3575.333. The stock has a 50-day moving average of GBX 3154.32 and a 200-day moving average of GBX 3304.. The company’s market cap is £8.625 billion.
A number of other analysts have also recently weighed in 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 ($58.51) 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 ($60.51) 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 equities research analysts have rated the stock with a sell rating, eight have given a hold rating and thirteen have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of GBX 3,536.95 ($59.13).
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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