Investec Initiates Coverage on Wolseley PLC (WOSYY)
Equities research analysts at Investec initiated coverage on shares of Wolseley PLC (OTCMKTS:WOSYY) in a research note issued on Wednesday, StockTargetPrices.com reports. The firm set a “hold” rating on the stock.
WOSYY has been the topic of several other reports. Jefferies Group downgraded shares of Wolseley PLC from a “buy” rating to a “hold” rating in a research note on Friday, August 5th. Liberum Capital raised shares of Wolseley PLC from a “hold” rating to a “buy” rating in a research note on Friday, June 17th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have given a buy rating to the company’s stock. Wolseley PLC has a consensus rating of “Hold” and an average price target of $6.75.
Shares of Wolseley PLC (OTCMKTS:WOSYY) traded down 0.18% on Wednesday, hitting $5.44. The company’s stock had a trading volume of 68,255 shares. The stock’s 50 day moving average price is $5.68 and its 200 day moving average price is $5.55. The stock has a market capitalization of $13.79 billion, a P/E ratio of 16.57 and a beta of 1.12. Wolseley PLC has a 52 week low of $4.60 and a 52 week high of $6.06.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/10/12/investec-initiates-coverage-on-wolseley-plc-wosyy.html
About Wolseley PLC
Wolseley plc is a Switzerland-based specialist trade distributor of plumbing and heating products and building materials in North America, the United Kingdom and Continental Europe. The Company operates in seven segments: USA, UK, Canada, Nordic, France, Central and Eastern Europe, and Group. The Group has a network of distribution centers which serve branches for its plumbing and heating businesses with 2,917 branches across 11 countries.
Receive News & Ratings for Wolseley PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wolseley PLC and related companies with MarketBeat.com's FREE daily email newsletter.