Wolseley plc (LON:WOS) Receives Consensus Rating of “Hold” from Analysts
Shares of Wolseley plc (LON:WOS) have been assigned a consensus recommendation of “Hold” from the nineteen ratings firms that are covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and nine have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is GBX 5,098.88 ($66.58).
WOS has been the subject of a number of research reports. Berenberg Bank boosted their target price on shares of Wolseley plc from GBX 4,200 ($54.84) to GBX 5,700 ($74.43) and gave the company a “buy” rating in a research note on Friday, May 19th. Liberum Capital upgraded shares of Wolseley plc to a “buy” rating and boosted their target price for the company from GBX 4,975 ($64.96) to GBX 5,300 ($69.21) in a research note on Friday, June 16th. Canaccord Genuity upgraded shares of Wolseley plc to a “buy” rating and decreased their target price for the company from GBX 5,400 ($70.51) to GBX 5,390 ($70.38) in a research note on Wednesday, June 21st. Beaufort Securities reiterated a “hold” rating on shares of Wolseley plc in a research note on Wednesday, March 29th. Finally, Peel Hunt upgraded shares of Wolseley plc to a “hold” rating and boosted their target price for the company from GBX 4,370 ($57.06) to GBX 5,120 ($66.86) in a research note on Wednesday, March 29th.
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In other news, insider Darren M. Shapland bought 100 shares of the company’s stock in a transaction that occurred on Tuesday, May 23rd. The stock was bought at an average price of GBX 4,928 ($64.35) per share, with a total value of £4,928 ($6,435.10).
Wolseley plc (LON WOS) traded down 0.18% during trading on Monday, hitting GBX 4492.00. The stock had a trading volume of 359,830 shares. The stock’s 50-day moving average price is GBX 4,786.52 and its 200-day moving average price is GBX 4,925.40. The company’s market capitalization is GBX 11.27 billion. Wolseley plc has a 1-year low of GBX 4,041.00 and a 1-year high of GBX 5,285.00.
About Wolseley plc
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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