Wolseley plc Earns Buy Rating from Bryan Garnier & Cie (WOS)
Wolseley plc (LON:WOS)‘s stock had its “buy” rating reaffirmed by stock analysts at Bryan Garnier & Cie in a report issued on Thursday. They currently have a GBX 3,900 ($64.72) price objective on the stock. Bryan Garnier & Cie’s price target would indicate a potential upside of 19.01% from the stock’s previous close.
Shares of Wolseley plc (LON:WOS) opened at 3256.0002 on Thursday. Wolseley plc has a 52 week low of GBX 2966.00 and a 52 week high of GBX 3575.333. The stock’s 50-day moving average is GBX 3157.64 and its 200-day moving average is GBX 3301.. The company’s market cap is £8.729 billion.
Several other analysts have also recently commented on the stock. Analysts at Liberum Capital reiterated a “buy” rating on shares of Wolseley plc in a research note on Friday, August 22nd. They now have a GBX 3,875 ($64.30) price target on the stock. Finally, 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 ($58.08) price target on the stock. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and thirteen have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of GBX 3,536.95 ($58.69).
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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