Wolseley plc (WOS) Receives Consensus Recommendation of “Hold” from Analysts
Shares of Wolseley plc (LON:WOS) have received an average recommendation of “Hold” from the twenty-one research firms that are covering the firm, MarketBeat reports. Two analysts have rated the stock with a sell recommendation, twelve have assigned a hold recommendation and six have given a buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is GBX 4,841.22 ($62.19).
A number of equities research analysts have recently weighed in on WOS shares. Berenberg Bank lifted their target price on Wolseley plc from GBX 4,200 ($53.95) to GBX 5,700 ($73.22) and gave the stock a “buy” rating in a report on Friday, May 19th. Liberum Capital reissued a “hold” rating and set a GBX 4,975 ($63.90) target price on shares of Wolseley plc in a report on Tuesday, May 16th. JPMorgan Chase & Co. reissued a “neutral” rating and set a GBX 4,960 ($63.71) target price on shares of Wolseley plc in a report on Wednesday, April 19th. Jefferies Group LLC lifted their target price on Wolseley plc from GBX 4,700 ($60.37) to GBX 4,930 ($63.33) and gave the stock a “hold” rating in a report on Monday, April 10th. Finally, HSBC Holdings plc downgraded Wolseley plc to a “hold” rating and dropped their target price for the stock from GBX 5,350 ($68.72) to GBX 5,150 ($66.15) in a report on Friday, April 7th.
Shares of Wolseley plc (LON WOS) traded up 1.04% during trading on Tuesday, hitting GBX 5040.00. 897,704 shares of the stock were exchanged. The company’s market cap is GBX 12.65 billion. The firm’s 50-day moving average is GBX 4,937.03 and its 200 day moving average is GBX 4,923.85. Wolseley plc has a 1-year low of GBX 3,489.00 and a 1-year high of GBX 5,285.00.
In related news, insider Darren M. Shapland purchased 100 shares of the company’s stock in a transaction that occurred on Tuesday, May 23rd. The stock was acquired at an average price of GBX 4,928 ($63.30) per share, with a total value of £4,928 ($6,330.12).
Wolseley plc Company Profile
Wolseley plc is the holding company of the Wolseley Group of companies. The Company is engaged in the distribution of plumbing and heating products and building materials. The Company’s segments include USA, UK, Nordic, and Canada and Central Europe. The Company operates seven business units in the United States, six of these mainly operate in the business to business (B2B) market with one operating in the business to consumer (B2C) market.
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